M/S Aristo Printers Pvt. Ltd. vs. Commissioner of Trade Tax, Lucknow, U.P. 2025 INSC 1188

M/S Aristo Printers Pvt. Ltd. vs. Commissioner of Trade Tax, Lucknow, U.P. 2025 INSC 1188 - The central issue was whether tax under Section 3F(1)(b) of the UP Trade Tax Act, 1948, applies to ink and processing materials used in printing lottery tickets. This ruling reaffirms the scope of “transfer of property in goods” in works contracts, emphasizing the inclusion of goods consumed or chemically altered during execution.Key Takeaways:✅ Taxable event is the transfer of property in goods involved in works contracts.✅ Consumables whose property is transferred remain taxable even if consumed.✅ Lottery tickets are actionable claims, not goods, but materials used are taxable.✅ Legal clarity on valuation and scope of Section 3F of UP Trade Tax Act, 1948.Statutes:✅ Section 3F(1)(b), UP Trade Tax Act, 1948✅ Article 366(29-A)(b), Constitution of India✅ Sale of Goods Act, 1930#SupremeCourt #WorkContract #TaxLaw #UPTradeTax #TradeTax