2006 (9) TMI 528

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.... its order dated September 20, 1993 in respect of assessment year 1990-91: "Whether the levy under the Rural Development Fund shall form part of the turnover or not?" The assessee is a registered dealer under the provisions of the Punjab General Sales Tax Act, 1948 (for short, "the 1948 Act"). One of the questions for consideration was whether fee under the Rural Development....

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....;7. Under what circumstances the market fee is to be paid needs to be considered and once it is held that the buyer has an obligation to pay the market fee and it is the duty of the seller to deposit the market fee on behalf of the buyer and, therefore, to realise it from the buyer, it is not the legal obligation of the seller to pay market fee on such a transaction and thus the amount of market f....