In the result, the appeal filed by the assessee is allowed
Bench: Sri Pradip Kumar Choubey & Sri Rakesh Mishra
section 194H of the Act. 23. The High Court further observed that there is a distinction between a contract of sale and a contract of agency by which the agent is authorized to sell or buy on behalf of the principal. The essence of the contract of sale is the transfer of title to the goods for a price