https://www.taxtmi.com/caselaws?id=248956 Where LPG pricing is controlled by a statutory or governmental mechanism, the taxable sale price under VAT and central sales tax is the net amount actually realised after the final revised price, not the provisional invoice value. Credit notes issued later to reflect the quarterly fixed price were treated as giving effect to the true sale consideration, so the taxing authority erred in disallowing deduction from turnover. The writ petition was also held maintainable because the dispute involved a substantial question on interpretation of sale price, and the availability of an appellate remedy did not bar writ relief in the facts of the case. en-us Fri, 07 Mar 2014 00:00:00 +0530 Thu, 16 Jul 2015 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248956 Where LPG pricing is controlled by a statutory or governmental mechanism, the taxable sale price under VAT and central sales tax is the net amount actually realised after the final revised price, not the provisional invoice value. Credit notes issued later to reflect the quarterly fixed price were treated as giving effect to the true sale consideration, so the taxing authority erred in disallowing deduction from turnover. The writ petition was also held maintainable because the dispute involved a substantial question on interpretation of sale price, and the availability of an appellate remedy did not bar writ relief in the facts of the case. Case-Laws VAT and Sales Tax Fri, 07 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248956