Goverdhan Hathibhai And Co. vs Appellate Assistant Commissioner Of ... on 24 August, 1960
Another submission of the learned SDR is that the sale in the instant case has been done in the course of import of vacuvators. It is immaterial that the sale in the strict sense has been effected subsequently inasmuch as title in the goods to CIWTC has passed only in April 1986 after the lightering operation. Import of vacuvators in the instant case has been occasioned by the purported sale to be effected at a later date in terms of the agreement. It is not really material that the sale has taken place subsequent to import. For this purpose learned SDR relies on Supreme Court judgment in Sales Tax case in the case of K.G. Khosla & Co. v. Dy. Commissioner of Commercial Taxes 1966 (17) STC 473.