https://www.taxtmi.com/caselaws?id=104001 Where sugarcane price is statutorily fixed as the minimum price plus the additional price, an excess amount paid as an advance does not automatically form part of the taxable purchase price. Such excess can be treated as price only if there is a factual finding that the purchaser and grower agreed to a higher price. On that basis, the Tamil Nadu batch failed because the advance lacked independent statutory or contractual basis, while the Karnataka matters were remitted for fresh determination on whether a higher-price agreement existed. en-us Thu, 08 Feb 1996 00:00:00 +0530 Mon, 30 Jun 2014 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104001 Where sugarcane price is statutorily fixed as the minimum price plus the additional price, an excess amount paid as an advance does not automatically form part of the taxable purchase price. Such excess can be treated as price only if there is a factual finding that the purchaser and grower agreed to a higher price. On that basis, the Tamil Nadu batch failed because the advance lacked independent statutory or contractual basis, while the Karnataka matters were remitted for fresh determination on whether a higher-price agreement existed. Case-Laws VAT and Sales Tax Thu, 08 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104001