https://www.taxtmi.com/caselaws?id=150246 Excise duty recovered from purchasers was treated as part of taxable turnover because turnover comprises the aggregate sale consideration, and the statutory scheme allows only deductions expressly prescribed by the Rules. The deletion of the earlier deduction for excise duty was upheld as a valid withdrawal of exemption, not a fresh levy. Freight charges separately shown in invoices were also held not deductible, as pre-sale freight formed part of the price paid for the goods and separate billing did not change its character. The assessment was sustained, with both claimed deductions rejected. en-us Thu, 07 Oct 1971 00:00:00 +0530 Fri, 10 May 2013 16:05:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150246 Excise duty recovered from purchasers was treated as part of taxable turnover because turnover comprises the aggregate sale consideration, and the statutory scheme allows only deductions expressly prescribed by the Rules. The deletion of the earlier deduction for excise duty was upheld as a valid withdrawal of exemption, not a fresh levy. Freight charges separately shown in invoices were also held not deductible, as pre-sale freight formed part of the price paid for the goods and separate billing did not change its character. The assessment was sustained, with both claimed deductions rejected. Case-Laws VAT and Sales Tax Thu, 07 Oct 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150246