https://www.taxtmi.com/caselaws?id=153911 Deduction under section 8A(1)(b) of the Central Sales Tax Act for goods returned within six months is governed by the prescribed turnover period and the actual return of goods, not by the assessment year of the original sale. The Bombay High Court's analysis of the Central Sales Tax Act, the turnover definition, and the Bombay sales tax rules held that the claim may be made when the return occurs, even in a later assessment year, so long as the statutory conditions are met. The broader scheme supports refund or adjustment where tax has already been paid, and the deduction is not lost merely because the claim arises later. en-us Tue, 07 Dec 1982 00:00:00 +0530 Thu, 01 Aug 2013 15:43:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153911 Deduction under section 8A(1)(b) of the Central Sales Tax Act for goods returned within six months is governed by the prescribed turnover period and the actual return of goods, not by the assessment year of the original sale. The Bombay High Court's analysis of the Central Sales Tax Act, the turnover definition, and the Bombay sales tax rules held that the claim may be made when the return occurs, even in a later assessment year, so long as the statutory conditions are met. The broader scheme supports refund or adjustment where tax has already been paid, and the deduction is not lost merely because the claim arises later. Case-Laws VAT and Sales Tax Tue, 07 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153911