https://www.taxtmi.com/caselaws?id=150806 In construing rule 41-A(a) of the Bombay Sales Tax Rules, 1959, the Bombay HC read the word "recovered" to require actual receipt of the tax amount, either by cash payment or by a real adjustment against an existing liability. The court distinguished "recovered" from "recoverable" and relied on the rule's use of both "paid" and "payable" to show that different expressions were intended to carry different meanings. Mere debit notes or book entries in the vendor's accounts, without payment or effective adjustment, do not satisfy the recovery requirement for set-off. en-us Fri, 06 Dec 1974 00:00:00 +0530 Wed, 22 May 2013 18:53:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150806 In construing rule 41-A(a) of the Bombay Sales Tax Rules, 1959, the Bombay HC read the word "recovered" to require actual receipt of the tax amount, either by cash payment or by a real adjustment against an existing liability. The court distinguished "recovered" from "recoverable" and relied on the rule's use of both "paid" and "payable" to show that different expressions were intended to carry different meanings. Mere debit notes or book entries in the vendor's accounts, without payment or effective adjustment, do not satisfy the recovery requirement for set-off. Case-Laws VAT and Sales Tax Fri, 06 Dec 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150806