https://www.taxtmi.com/caselaws?id=158066 Under the Andhra Pradesh General Sales Tax Act, 1957, turnover includes only the amount billed as sale consideration, or where no bill exists, the amount charged as consideration for sale. Copper supplied on a zero-value basis for conversion into cables was held not to be part of the sale price, because the agreement showed the material was entrusted for processing and the assessee was paid for the work undertaken. A clause permitting use of the cables for supplies to other departments did not convert the arrangement into a sale, and later use of the cables for loan purposes did not establish ownership in the copper. The copper cost was therefore excluded from turnover and not liable to sales tax on that basis. en-us Wed, 02 Nov 1994 00:00:00 +0530 Tue, 15 Oct 2013 18:25:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158066 Under the Andhra Pradesh General Sales Tax Act, 1957, turnover includes only the amount billed as sale consideration, or where no bill exists, the amount charged as consideration for sale. Copper supplied on a zero-value basis for conversion into cables was held not to be part of the sale price, because the agreement showed the material was entrusted for processing and the assessee was paid for the work undertaken. A clause permitting use of the cables for supplies to other departments did not convert the arrangement into a sale, and later use of the cables for loan purposes did not establish ownership in the copper. The copper cost was therefore excluded from turnover and not liable to sales tax on that basis. Case-Laws VAT and Sales Tax Wed, 02 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158066