https://www.taxtmi.com/caselaws?id=241874 Vend fee collected from the wholesale licensee under Rule 15(2) of the Tamil Nadu Indian Made Foreign Spirits (Supply by Wholesale) Rules, 1981 is treated as a privilege-related exaction on the wholesale licensee, not as part of the manufacturer's sale consideration. It therefore does not form part of the manufacturer-assessee's taxable turnover. Penalty cannot be sustained under Section 12(5)(iii) of the Tamil Nadu General Sales Tax Act, 1959 where the reassessment proceeds under Section 16, since the penalty provision must match the nature of the assessment and, in any event, the penalty basis falls away once the vend fee is excluded from turnover. en-us Thu, 19 Sep 2013 00:00:00 +0530 Sat, 05 Jul 2014 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241874 Vend fee collected from the wholesale licensee under Rule 15(2) of the Tamil Nadu Indian Made Foreign Spirits (Supply by Wholesale) Rules, 1981 is treated as a privilege-related exaction on the wholesale licensee, not as part of the manufacturer's sale consideration. It therefore does not form part of the manufacturer-assessee's taxable turnover. Penalty cannot be sustained under Section 12(5)(iii) of the Tamil Nadu General Sales Tax Act, 1959 where the reassessment proceeds under Section 16, since the penalty provision must match the nature of the assessment and, in any event, the penalty basis falls away once the vend fee is excluded from turnover. Case-Laws VAT and Sales Tax Thu, 19 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241874