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1986 (3) TMI 304 - HC - VAT and Sales TaxHeld, that:- The contract for supply of the cashew was only between the petitioner-Corporation and the foreign supplier and the allottees were not parties to the contract and there was no privity of contract between the foreign suppliers and the allottees and the privity of contract was only between the foreign suppliers and the Corporation. The licences in the instant case were issued to the Corporation with an express condition that the Corporation should be the owner of the goods imported under the licence up to the time of clearance through customs. There was no integral connection with the sale to the allottees and the import by the Corporation and the movement of the goods from the foreign countries was occasioned by the contract of purchase with the foreign suppliers by the Corporation and not by the contract of sale by the Corporation with the allottees.
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