Court Rules Warranty Replacements Must Be Included in Taxable Turnover for VAT and Sales Tax Calculations.

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....Valuation - scope of taxable turnover - whether cost of warranty replacement is liable to be treated as "taxable turnover" or not? - dealer it is an authorized agency of "M/s MUL" and sale is being effected by manufacturing company through dealer - inclusion of value of replacements confirmed. - HC....