https://www.taxtmi.com/caselaws?id=103562 Trade discount allowed to customers was held not to form part of the sale price under section 2(h) of the Central Sales Tax Act, 1956, and therefore could not be included in taxable turnover. The Supreme Court followed its earlier ruling in Advani Oerlikon (P.) Ltd., treating those reasons as governing the present matter. The High Court's view, which had answered the reference in favour of the assessee and against the Revenue, was left undisturbed, and the Revenue's appeal was rejected. en-us Wed, 03 Mar 1993 00:00:00 +0530 Sat, 07 Sep 2013 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103562 Trade discount allowed to customers was held not to form part of the sale price under section 2(h) of the Central Sales Tax Act, 1956, and therefore could not be included in taxable turnover. The Supreme Court followed its earlier ruling in Advani Oerlikon (P.) Ltd., treating those reasons as governing the present matter. The High Court's view, which had answered the reference in favour of the assessee and against the Revenue, was left undisturbed, and the Revenue's appeal was rejected. Case-Laws VAT and Sales Tax Wed, 03 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103562