https://www.taxtmi.com/caselaws?id=281722 The court held that the fertilizer subsidy received should not be included in the taxable turnover under the Kerala General Sales Tax Act. Assessments levying tax on the subsidy amounts were deemed illegal. The court relied on Andhra Pradesh High Court decisions stating that such subsidies are not part of taxable turnover. The subsidy was considered a grant for industry development, not linked to specific sale transactions. The court quashed the tax assessments on subsidy amounts and directed further proceedings to be in accordance with the law. The writ petitions were allowed with no costs. en-us Tue, 05 Apr 1994 00:00:00 +0530 Tue, 18 Apr 2023 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281722 The court held that the fertilizer subsidy received should not be included in the taxable turnover under the Kerala General Sales Tax Act. Assessments levying tax on the subsidy amounts were deemed illegal. The court relied on Andhra Pradesh High Court decisions stating that such subsidies are not part of taxable turnover. The subsidy was considered a grant for industry development, not linked to specific sale transactions. The court quashed the tax assessments on subsidy amounts and directed further proceedings to be in accordance with the law. The writ petitions were allowed with no costs. Case-Laws VAT and Sales Tax Tue, 05 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281722