https://www.taxtmi.com/caselaws?id=259588 A 1% turnover discount granted through credit notes was held deductible from taxable turnover because it formed part of the sale price as a trade discount, even though adjusted after invoicing. The court distinguished incentive or bonus schemes that do not reduce consideration and accepted that a discount embedded in the ordinary course of trade may be excluded from turnover. On inter-State sales, the movement of goods from Haryana to Delhi was not shown to have been occasioned by a prior contract of sale, and the assessee's own records and Form F supported a branch transfer position. The later sale in Delhi did not by itself make the movement an inter-State sale. en-us Thu, 14 May 2015 00:00:00 +0530 Wed, 28 Oct 2015 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259588 A 1% turnover discount granted through credit notes was held deductible from taxable turnover because it formed part of the sale price as a trade discount, even though adjusted after invoicing. The court distinguished incentive or bonus schemes that do not reduce consideration and accepted that a discount embedded in the ordinary course of trade may be excluded from turnover. On inter-State sales, the movement of goods from Haryana to Delhi was not shown to have been occasioned by a prior contract of sale, and the assessee's own records and Form F supported a branch transfer position. The later sale in Delhi did not by itself make the movement an inter-State sale. Case-Laws VAT and Sales Tax Thu, 14 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259588