https://www.taxtmi.com/caselaws?id=159406 An agreed transport rebate under a stockistship arrangement was treated as a contractual reduction in the effective sale price, not as a separate freight charge or an amount includible in sale price or taxable turnover under the Orissa Sales Tax Act, 1947. Because the agreement permitted deduction from the invoice price for railway or lorry despatches and any other mutually agreed sum, the net amount actually receivable was the relevant consideration for sales tax. On that basis, the rebate was deductible for tax purposes and the turnover had to be computed on the reduced price. en-us Thu, 17 Nov 1994 00:00:00 +0530 Sat, 23 Nov 2013 13:34:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159406 An agreed transport rebate under a stockistship arrangement was treated as a contractual reduction in the effective sale price, not as a separate freight charge or an amount includible in sale price or taxable turnover under the Orissa Sales Tax Act, 1947. Because the agreement permitted deduction from the invoice price for railway or lorry despatches and any other mutually agreed sum, the net amount actually receivable was the relevant consideration for sales tax. On that basis, the rebate was deductible for tax purposes and the turnover had to be computed on the reduced price. Case-Laws VAT and Sales Tax Thu, 17 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159406