https://www.taxtmi.com/caselaws?id=154677 The Rajasthan High Court held that rebate allowed to dealers on reduction of price against existing stock was deductible as a cash or other discount under the definition of turnover. Reading section 2(t) of the Rajasthan Sales Tax Act, 1954 with rule 29(a) of the Rajasthan Sales Tax Rules, 1955, the Court treated turnover as the aggregate of sale prices received or receivable and found the later quantification of the rebate did not change its character as a price deduction. The department's revision therefore failed. en-us Tue, 03 Feb 1987 00:00:00 +0530 Mon, 26 Aug 2013 13:11:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154677 The Rajasthan High Court held that rebate allowed to dealers on reduction of price against existing stock was deductible as a cash or other discount under the definition of turnover. Reading section 2(t) of the Rajasthan Sales Tax Act, 1954 with rule 29(a) of the Rajasthan Sales Tax Rules, 1955, the Court treated turnover as the aggregate of sale prices received or receivable and found the later quantification of the rebate did not change its character as a price deduction. The department's revision therefore failed. Case-Laws VAT and Sales Tax Tue, 03 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154677