https://www.taxtmi.com/caselaws?id=154335 Additional tax collected from purchasers was treated as part of gross turnover under section 2(k) because the Act characterised the levy as tax, authorised recovery from purchasers, and read collections as turnover realised in business. Additional tax collected separately as tax was also deductible from taxable turnover under section 7 because the deduction provision extended to tax actually collected as such, not only to general or special sales tax. The assessment orders were set aside to the extent they rejected deduction of additional tax, and the matter was remitted for redetermination under this interpretation. en-us Tue, 27 Sep 1983 00:00:00 +0530 Sat, 17 Aug 2013 14:46:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154335 Additional tax collected from purchasers was treated as part of gross turnover under section 2(k) because the Act characterised the levy as tax, authorised recovery from purchasers, and read collections as turnover realised in business. Additional tax collected separately as tax was also deductible from taxable turnover under section 7 because the deduction provision extended to tax actually collected as such, not only to general or special sales tax. The assessment orders were set aside to the extent they rejected deduction of additional tax, and the matter was remitted for redetermination under this interpretation. Case-Laws VAT and Sales Tax Tue, 27 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154335