https://www.taxtmi.com/caselaws?id=152476 Sales returns of goods returned within the prescribed period were deductible from taxable turnover under rule 9(b) of the Kerala General Sales Tax Rules, even though the goods were returned after the close of the assessment year and the refund claim was not shown in that year's return. The rule was read with the definition of turnover, but the statutory scheme did not require denial of deduction merely because the claim arose after year-end. The claim necessarily arose when the goods were actually returned and credit or refund was made, so the rejection based solely on omission from the original annual return was unsustainable. en-us Tue, 21 Nov 1978 00:00:00 +0530 Thu, 04 Jul 2013 17:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152476 Sales returns of goods returned within the prescribed period were deductible from taxable turnover under rule 9(b) of the Kerala General Sales Tax Rules, even though the goods were returned after the close of the assessment year and the refund claim was not shown in that year's return. The rule was read with the definition of turnover, but the statutory scheme did not require denial of deduction merely because the claim arose after year-end. The claim necessarily arose when the goods were actually returned and credit or refund was made, so the rejection based solely on omission from the original annual return was unsustainable. Case-Laws VAT and Sales Tax Tue, 21 Nov 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152476