https://www.taxtmi.com/caselaws?id=247066 The High Court dismissed the Tax Cases, upholding the assessment and penalty imposition, emphasizing that the sales tax liability should be calculated on the total consideration, which includes the entry tax paid by the petitioners. The judgment clarifies the treatment of entry tax in taxable turnover calculations and reinforces the importance of considering the actual amount received in sales transactions for tax assessment purposes. en-us Wed, 03 Jul 2013 00:00:00 +0530 Tue, 15 Jul 2014 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247066 The High Court dismissed the Tax Cases, upholding the assessment and penalty imposition, emphasizing that the sales tax liability should be calculated on the total consideration, which includes the entry tax paid by the petitioners. The judgment clarifies the treatment of entry tax in taxable turnover calculations and reinforces the importance of considering the actual amount received in sales transactions for tax assessment purposes. Case-Laws VAT and Sales Tax Wed, 03 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247066