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1987 (12) TMI 310 - SC - VAT and Sales TaxWhether the transaction constitutes "sale of goods" for giving rise to tax liability under the Act? Whether sale of the incomplete film was goods, as contemplated under the Act? Held that:- Appeal dismissed. The assessee's business does not appear to be film production. At least that is not the business for which he has been registered as a dealer. The definition of "business" during the year of assessment was not of the extended type. There is no finding that the sale was for in course of business with profit-motive. On the other hand, the agreement of sale which is on record shows the adverse circumstances in which respondent was obliged to part with the incomplete film. In such circumstances, it is difficult to hold that the sale of the film was a part of the business of the respondent and the sale in respect of this solitary transaction would be exigible to tax.
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