https://www.taxtmi.com/caselaws?id=257497 A discount may be deducted from taxable turnover only when it is disclosed in the tax invoice or bill of sale and supported by the dealer's accounts under Rule 3(2)(c). Section 30 and Rule 31 govern credit notes for excess tax and operate in a distinct field from turnover deductions, so a later credit note does not by itself satisfy the deduction condition. The court reconciled earlier decisions on that basis and held that, absent invoice disclosure of the discount, the dealer was not entitled to reduce taxable turnover by the claimed amount. en-us Wed, 03 Apr 2013 00:00:00 +0530 Fri, 13 Mar 2015 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257497 A discount may be deducted from taxable turnover only when it is disclosed in the tax invoice or bill of sale and supported by the dealer's accounts under Rule 3(2)(c). Section 30 and Rule 31 govern credit notes for excess tax and operate in a distinct field from turnover deductions, so a later credit note does not by itself satisfy the deduction condition. The court reconciled earlier decisions on that basis and held that, absent invoice disclosure of the discount, the dealer was not entitled to reduce taxable turnover by the claimed amount. Case-Laws VAT and Sales Tax Wed, 03 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257497