https://www.taxtmi.com/caselaws?id=154351 Amounts collected under a group purchase benefit scheme for steel furniture were taxable only to the extent the arrangement created an enforceable right to receive goods for consideration. Receipts linked to members who received almirahs by draw of lots were not sale price and were excluded from taxable turnover. By contrast, instalments paid by members entitled as of right to receive an almirah after completing payment terms formed taxable turnover. Turnover based on a seized order book also had to exclude cancelled orders shown in the book itself, and the penalty was reduced proportionately with the reduced suppressed turnover. en-us Mon, 28 Nov 1983 00:00:00 +0530 Sat, 17 Aug 2013 16:48:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154351 Amounts collected under a group purchase benefit scheme for steel furniture were taxable only to the extent the arrangement created an enforceable right to receive goods for consideration. Receipts linked to members who received almirahs by draw of lots were not sale price and were excluded from taxable turnover. By contrast, instalments paid by members entitled as of right to receive an almirah after completing payment terms formed taxable turnover. Turnover based on a seized order book also had to exclude cancelled orders shown in the book itself, and the penalty was reduced proportionately with the reduced suppressed turnover. Case-Laws VAT and Sales Tax Mon, 28 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154351