https://www.taxtmi.com/caselaws?id=127628 Where the sales tax law separately authorises a registered dealer to collect tax from purchasers, the amount so collected is not part of the valuable consideration for the sale. On the Bihar Sales Tax Act scheme, "sale price" covers only the consideration for the goods sold, while "turnover" is the aggregate of sale prices received and receivable. Amounts realised as sales tax and remitted to the Government are legally distinct from sale price and cannot be added to taxable turnover. The stated conclusion follows the statutory definitions and the amendment scheme recognising separate tax collection by the dealer. en-us Tue, 18 Oct 1955 00:00:00 +0530 Wed, 13 Mar 2013 12:23:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127628 Where the sales tax law separately authorises a registered dealer to collect tax from purchasers, the amount so collected is not part of the valuable consideration for the sale. On the Bihar Sales Tax Act scheme, "sale price" covers only the consideration for the goods sold, while "turnover" is the aggregate of sale prices received and receivable. Amounts realised as sales tax and remitted to the Government are legally distinct from sale price and cannot be added to taxable turnover. The stated conclusion follows the statutory definitions and the amendment scheme recognising separate tax collection by the dealer. Case-Laws VAT and Sales Tax Tue, 18 Oct 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127628