https://www.taxtmi.com/caselaws?id=152588 An amount received after an executed sale, by way of a voluntary payment linked to currency devaluation, was held not to form part of turnover under the U.P. Sales Tax Act, 1948. The sale contract was between the dealer and the State Trading Corporation, the agreed price had been fully paid, and there was no contractual term requiring export proceeds or devaluation benefits to be passed on. Because the additional payment arose from a fortuitous circumstance and was not part of the sale consideration, it could not be treated as turnover or subjected to sales tax. en-us Wed, 17 May 1978 00:00:00 +0530 Sat, 06 Jul 2013 17:47:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152588 An amount received after an executed sale, by way of a voluntary payment linked to currency devaluation, was held not to form part of turnover under the U.P. Sales Tax Act, 1948. The sale contract was between the dealer and the State Trading Corporation, the agreed price had been fully paid, and there was no contractual term requiring export proceeds or devaluation benefits to be passed on. Because the additional payment arose from a fortuitous circumstance and was not part of the sale consideration, it could not be treated as turnover or subjected to sales tax. Case-Laws VAT and Sales Tax Wed, 17 May 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152588