1967 (10) TMI 57 - HC - VAT and Sales Tax

Summary

The High Court of Madras held that the transactions in question were not sales of goods but rather works contracts. The contracts specified that the property in the goods remained with the Neyveli Lignite Corporation or the Highways Department, and there was no stipulation for the transfer of property to the assessee. The Court emphasized that passing of property and risk must be considered in determining whether a transaction is a works contract or a sale of goods. The appeal was allowed with no costs.