Determination of turnover

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Full Text of the Document

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....ggregate of sale prices : 100 plus rate of tax Provided that no deduction on the basis of the above formula shall be made if the amount by way of tax collected by a registered dealer, in accordance with the provisions of this Act, has been otherwise deducted from the aggregate of sale prices. Explanation : Where the turnover of a dealer is taxable at different rates, the aforesaid formula sha....