https://www.taxtmi.com/caselaws?id=163629 The expression "turnover" under the Punjab General Sales Tax Act, 1948 covers sale consideration and amounts legally recoverable as part of the sale price. A levy collected by the seller only for onward deposit, where the statutory liability to pay rests on the buyer, is not the seller's own liability and does not form part of turnover. Applying that principle, the Rural Development Fund levy was held outside the seller's turnover, and the issue was answered in favour of the assessee. en-us Tue, 05 Sep 2006 00:00:00 +0530 Sat, 05 Apr 2014 16:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163629 The expression "turnover" under the Punjab General Sales Tax Act, 1948 covers sale consideration and amounts legally recoverable as part of the sale price. A levy collected by the seller only for onward deposit, where the statutory liability to pay rests on the buyer, is not the seller's own liability and does not form part of turnover. Applying that principle, the Rural Development Fund levy was held outside the seller's turnover, and the issue was answered in favour of the assessee. Case-Laws VAT and Sales Tax Tue, 05 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163629