https://www.taxtmi.com/caselaws?id=161031 A subsidy paid under an independent Government scheme, and not by or on behalf of the purchaser, does not form part of the sale price or taxable turnover. The right to receive the subsidy arose on clearance of goods from the factory, not from any act or omission of the purchaser, so turnover tax could not be levied on that amount. Tax already paid on the subsidy, where retained by the Revenue after the assessments were held unsustainable, was required to be refunded to the assessee. en-us Tue, 09 Oct 2001 00:00:00 +0530 Mon, 30 Dec 2013 14:31:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161031 A subsidy paid under an independent Government scheme, and not by or on behalf of the purchaser, does not form part of the sale price or taxable turnover. The right to receive the subsidy arose on clearance of goods from the factory, not from any act or omission of the purchaser, so turnover tax could not be levied on that amount. Tax already paid on the subsidy, where retained by the Revenue after the assessments were held unsustainable, was required to be refunded to the assessee. Case-Laws VAT and Sales Tax Tue, 09 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161031