https://www.taxtmi.com/caselaws?id=40038 Excise duty paid by a purchaser on behalf of a manufacturer may form part of the real sale consideration and be included in turnover under sales tax law, even if remitted directly to the excise authorities and not shown separately in the bill. The governing principle is that turnover covers the total consideration for the sale, and fiscal arrangements are assessed by their real substance rather than their form. Legitimate tax planning remains permissible within the law, but artificial or pre-planned devices designed to avoid tax may be disregarded as colourable devices and will not defeat the levy. en-us Wed, 17 Apr 1985 00:00:00 +0530 Thu, 31 Jul 2014 07:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40038 Excise duty paid by a purchaser on behalf of a manufacturer may form part of the real sale consideration and be included in turnover under sales tax law, even if remitted directly to the excise authorities and not shown separately in the bill. The governing principle is that turnover covers the total consideration for the sale, and fiscal arrangements are assessed by their real substance rather than their form. Legitimate tax planning remains permissible within the law, but artificial or pre-planned devices designed to avoid tax may be disregarded as colourable devices and will not defeat the levy. Case-Laws VAT and Sales Tax Wed, 17 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40038