1996 (6) TMI 322 - HC - VAT and Sales Tax

Summary

The High Court of Andhra Pradesh dismissed the tax revision case filed by the State challenging the Tribunal's order regarding the Food Corporation of India's status as a "dealer" under the Central Sales Tax Act, 1956. The Court held that the FCI was not a "dealer" during the relevant period as there was no profit motive in its activities. The judgment reiterated that profit motive is essential for an entity to be considered a "dealer" for tax purposes.