https://www.taxtmi.com/caselaws?id=157886 For the second proviso to rule 41A of the Bombay Sales Tax Rules, 1959, the term "purchase price" was held to take its statutory meaning under section 2(22) of the Bombay Sales Tax Act, 1959. The context of rule 41A did not justify a departure from that defined meaning, and the rule's own formula showed that any intended reduction was expressly provided for. Sales tax was also recognised as forming part of the purchase price under settled law, whether separately recovered or included in the price. The interpretation favoured the Revenue and rejected a narrower "real purchase price" construction. en-us Wed, 08 Feb 1995 00:00:00 +0530 Fri, 11 Oct 2013 17:43:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157886 For the second proviso to rule 41A of the Bombay Sales Tax Rules, 1959, the term "purchase price" was held to take its statutory meaning under section 2(22) of the Bombay Sales Tax Act, 1959. The context of rule 41A did not justify a departure from that defined meaning, and the rule's own formula showed that any intended reduction was expressly provided for. Sales tax was also recognised as forming part of the purchase price under settled law, whether separately recovered or included in the price. The interpretation favoured the Revenue and rejected a narrower "real purchase price" construction. Case-Laws VAT and Sales Tax Wed, 08 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157886