https://www.taxtmi.com/caselaws?id=155322 A registered dealer's collection of sales tax from purchasers was deductible from gross turnover where the statute expressly permitted deduction of tax realised by the dealer. The deduction could not be denied merely because the sale memos did not separately state price and tax, since the statutory right under the Orissa Sales Tax Act did not depend on strict compliance with the memo format. Where the tax component was separately maintained in the books and remained identifiable, its exclusion from taxable turnover was justified and the dealer was entitled to the deduction. en-us Tue, 08 Mar 1988 00:00:00 +0530 Tue, 03 Sep 2013 15:10:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155322 A registered dealer's collection of sales tax from purchasers was deductible from gross turnover where the statute expressly permitted deduction of tax realised by the dealer. The deduction could not be denied merely because the sale memos did not separately state price and tax, since the statutory right under the Orissa Sales Tax Act did not depend on strict compliance with the memo format. Where the tax component was separately maintained in the books and remained identifiable, its exclusion from taxable turnover was justified and the dealer was entitled to the deduction. Case-Laws VAT and Sales Tax Tue, 08 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155322