https://www.taxtmi.com/caselaws?id=127058 Tooling amortisation charges form part of taxable turnover under the U.P. Trade Tax Act where customer-owned tooling is used exclusively to manufacture parts and the charge constitutes consideration within the pricing arrangement. Separate invoicing or contractual accounting adjustments do not alter its character as sale consideration or consideration for transfer of the right to use goods. A writ petition may remain maintainable despite statutory remedies where a binding departmental circular has caused the assessing authority to adopt a pre-decided position, making ordinary proceedings ineffective. The circular was upheld, and trade tax proceedings could continue on the basis that tooling amortisation formed taxable turnover. en-us Fri, 06 Apr 2007 00:00:00 +0530 Thu, 13 Mar 2014 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127058 Tooling amortisation charges form part of taxable turnover under the U.P. Trade Tax Act where customer-owned tooling is used exclusively to manufacture parts and the charge constitutes consideration within the pricing arrangement. Separate invoicing or contractual accounting adjustments do not alter its character as sale consideration or consideration for transfer of the right to use goods. A writ petition may remain maintainable despite statutory remedies where a binding departmental circular has caused the assessing authority to adopt a pre-decided position, making ordinary proceedings ineffective. The circular was upheld, and trade tax proceedings could continue on the basis that tooling amortisation formed taxable turnover. Case-Laws VAT and Sales Tax Fri, 06 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127058