https://www.taxtmi.com/caselaws?id=99427 A State Legislature competent to tax sales may validly deem sales-tax collections received by a dealer from purchasers to form part of the dealer's turnover. The charging scheme taxed total turnover, and the Court held that tax passed on to the buyer became part of the consideration for the goods, so its inclusion in turnover did not create a constitutional barrier. The deeming provision in the impugned Act was held to fall within Entry 54 of List II, and the validation provision was consequential. The Act was therefore upheld, and the challenge to legislative competence failed. en-us Fri, 28 Apr 1961 00:00:00 +0530 Tue, 15 Jul 2014 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99427 A State Legislature competent to tax sales may validly deem sales-tax collections received by a dealer from purchasers to form part of the dealer's turnover. The charging scheme taxed total turnover, and the Court held that tax passed on to the buyer became part of the consideration for the goods, so its inclusion in turnover did not create a constitutional barrier. The deeming provision in the impugned Act was held to fall within Entry 54 of List II, and the validation provision was consequential. The Act was therefore upheld, and the challenge to legislative competence failed. Case-Laws VAT and Sales Tax Fri, 28 Apr 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99427