https://www.taxtmi.com/caselaws?id=106134 Under the U.P. Trade Tax Act, 1948, the sale price is confined to the real consideration for goods sold, and a notional addition cannot be imported from excise valuation rules. The Central Excise Act, 1944 and the Central Excise Valuation Rules, 2000 allow apportionment of the value of free-supplied tools, dies and moulds as additional consideration for excise purposes because of the express deeming fiction in that regime. No comparable provision exists in the sales tax statute, so the amortisation cost of moulds supplied free by the customer could not be treated as part of the assessee's turnover or sale price. The contrary view was rejected and the addition failed. en-us Mon, 03 Mar 2008 00:00:00 +0530 Thu, 22 Aug 2013 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106134 Under the U.P. Trade Tax Act, 1948, the sale price is confined to the real consideration for goods sold, and a notional addition cannot be imported from excise valuation rules. The Central Excise Act, 1944 and the Central Excise Valuation Rules, 2000 allow apportionment of the value of free-supplied tools, dies and moulds as additional consideration for excise purposes because of the express deeming fiction in that regime. No comparable provision exists in the sales tax statute, so the amortisation cost of moulds supplied free by the customer could not be treated as part of the assessee's turnover or sale price. The contrary view was rejected and the addition failed. Case-Laws VAT and Sales Tax Mon, 03 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106134