https://www.taxtmi.com/caselaws?id=339551 Amounts incurred by a dealer before completion of procurement, including transportation from the seller's depot to the place of sale, form part of purchase price and turnover of purchase because they are part of the cost of completing the transaction. An incentive paid by the seller to the dealer is not sale consideration and cannot be added to sale price or turnover of sale unless the contract or statute clearly brings it within that definition. Books of account should not be rejected merely on suspicion where physical stock tallies with the books and no adverse discrepancy survives; an erroneous freight treatment may justify adjustment, but not blanket rejection on the facts noted. en-us Tue, 28 Feb 2017 00:00:00 +0530 Tue, 27 Mar 2018 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339551 Amounts incurred by a dealer before completion of procurement, including transportation from the seller's depot to the place of sale, form part of purchase price and turnover of purchase because they are part of the cost of completing the transaction. An incentive paid by the seller to the dealer is not sale consideration and cannot be added to sale price or turnover of sale unless the contract or statute clearly brings it within that definition. Books of account should not be rejected merely on suspicion where physical stock tallies with the books and no adverse discrepancy survives; an erroneous freight treatment may justify adjustment, but not blanket rejection on the facts noted. Case-Laws VAT and Sales Tax Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339551