https://www.taxtmi.com/caselaws?id=151383 Rejected goods under a contract are not includible in taxable turnover where no property in the goods has passed and no completed sale exists. Under the Central Sales Tax Act, turnover is computed by reference to sale prices received or receivable, and the deduction for returned goods in section 8A(1)(b) applies to a consensual return, not to a unilateral rejection for non-conformity with specifications. On that basis, the assessment, demand, and penalty founded on inclusion of such rejected goods were unsustainable. en-us Mon, 14 Mar 1977 00:00:00 +0530 Wed, 05 Jun 2013 12:52:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151383 Rejected goods under a contract are not includible in taxable turnover where no property in the goods has passed and no completed sale exists. Under the Central Sales Tax Act, turnover is computed by reference to sale prices received or receivable, and the deduction for returned goods in section 8A(1)(b) applies to a consensual return, not to a unilateral rejection for non-conformity with specifications. On that basis, the assessment, demand, and penalty founded on inclusion of such rejected goods were unsustainable. Case-Laws VAT and Sales Tax Mon, 14 Mar 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151383