2010 (6) TMI 731

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....el Dr. Muhamed Kutty appearing for the petitioner and the Government Pleader for the respondent. The question raised is whether the addition of freight of the taxable turnover is justified or not. The petitioner has relied on annexure C to the Tribunal's order, which is an invoice raised by the assessee on one of their dealers. What is seen from the same is that the assessee has charged val....

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.... which is given as a rebate by the assessee, no matter, it may not be the actual freight for the goods. This is because the invoice annexed to the Tribunal's order clearly shows that the sale price reduced by discount was subjected to tax and assessee had collected tax on the net amount. Therefore, the assessee's taxable turnover should be the sale price, which is reduced by the discount. ....