https://www.taxtmi.com/caselaws?id=161530 A commission agent selling goods on behalf of registered principals is liable to turnover tax on the turnover of commission sales under section 5(2A) of the Kerala General Sales Tax Act, 1963. The Court followed the binding view that total turnover for turnover tax includes the purchase value of goods taxable at the point of last purchase when sold on commission basis for principals. It also noted that the later notification operated only prospectively and did not justify departure from the earlier precedent. The assessment was therefore sustained and the challenge failed. en-us Tue, 02 Sep 2003 00:00:00 +0530 Fri, 31 Jan 2014 15:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161530 A commission agent selling goods on behalf of registered principals is liable to turnover tax on the turnover of commission sales under section 5(2A) of the Kerala General Sales Tax Act, 1963. The Court followed the binding view that total turnover for turnover tax includes the purchase value of goods taxable at the point of last purchase when sold on commission basis for principals. It also noted that the later notification operated only prospectively and did not justify departure from the earlier precedent. The assessment was therefore sustained and the challenge failed. Case-Laws VAT and Sales Tax Tue, 02 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161530