https://www.taxtmi.com/caselaws?id=377462 The Supreme Court dismissed the appeals challenging the applicability of turnover tax under Section 6B(1) of the Karnataka Sales Tax Act. The Court upheld that 'total turnover' includes all turnovers, rejecting the argument to tax only 'taxable turnover.' It affirmed the State's legislative competence to levy tax on total turnover, distinguishing it from interstate transactions. The Court emphasized strict interpretation of taxing statutes, reaffirming the purpose of Section 6B(1) for dealer identification and tax rate prescription. The appeals were dismissed with no costs, and pending applications were disposed of. en-us Thu, 28 Mar 2019 00:00:00 +0530 Mon, 06 Jun 2022 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377462 The Supreme Court dismissed the appeals challenging the applicability of turnover tax under Section 6B(1) of the Karnataka Sales Tax Act. The Court upheld that 'total turnover' includes all turnovers, rejecting the argument to tax only 'taxable turnover.' It affirmed the State's legislative competence to levy tax on total turnover, distinguishing it from interstate transactions. The Court emphasized strict interpretation of taxing statutes, reaffirming the purpose of Section 6B(1) for dealer identification and tax rate prescription. The appeals were dismissed with no costs, and pending applications were disposed of. Case-Laws VAT and Sales Tax Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377462