https://www.taxtmi.com/caselaws?id=165115 Section 2(29) read with Explanation I of the Bombay Sales Tax Act deems excise duty levied under the Bombay Prohibition Act to form part of the sale price, regardless of whether the duty is paid by the seller, purchaser, or another person. A circular allowing C.L. II licence holders to remit duty was treated only as a convenient payment mechanism and did not shift the legal incidence of duty from the manufacturer. Non-disclosure of the duty in invoices or books did not alter the statutory definition of sale price, and the purchaser-payment arrangement did not exclude the duty from taxable consideration. en-us Fri, 03 Sep 2010 00:00:00 +0530 Thu, 25 Sep 2014 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165115 Section 2(29) read with Explanation I of the Bombay Sales Tax Act deems excise duty levied under the Bombay Prohibition Act to form part of the sale price, regardless of whether the duty is paid by the seller, purchaser, or another person. A circular allowing C.L. II licence holders to remit duty was treated only as a convenient payment mechanism and did not shift the legal incidence of duty from the manufacturer. Non-disclosure of the duty in invoices or books did not alter the statutory definition of sale price, and the purchaser-payment arrangement did not exclude the duty from taxable consideration. Case-Laws VAT and Sales Tax Fri, 03 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165115