also increase, if the consumption is less the end-product must also decrease in quantum. We do not see any reason to hold that basis ... case of assessee resulted in arbitrary assessment or estimate of the turnover of the assessee in that case . We do not see how that helps
rule (5-A) of Rule 17, only those assessees whose turnover exceeds Rs. 40 lakhs and above have to submit audit certificate from the Chartered ... APGST Act and the CST Act , whereas for any assessee whose turnover is below Rs. 40 lakhs, his or its account can be audited even
prevailing
confusion among the petroleum dealers. Once the price decreased on 16-02-
07 and brought at par with price ... paid as per Section 4 of the Act on the taxable
turnover. Taxable turnover is to be computed as per Section 5 r/w Section
Central Wines vs Special Commercial Tax Officer, ... on 17 November, 1980
Equivalent citations: [1982]49STC83
V.Narayanasamy vs The Union Of India on 21 February, 2020
Author: C.V.Karthikeyan
dated 30.06.2023,
the Central Government partially amended the impugned Trade Notice
by decreasing the minimum threshold quantity to be allocated to 2000
MT instead ... recognized as a four-star export house and has a
total turnover of more than ₹3,500 crores out of which ₹1,300 crores
relates
turnover of five crores
during the last three financial years. Whereas, Clause-9 of the Section-II
Tender Notification had doubled the minimum turnover ... leading to a substantial decrease in the overall production cost. It is
also stated in the said Letter that considering this reduction, the per-page
there was no clause with regard to minimum turnover and every person
was eligible to take part in the bidding process; however, in the year ... clause-G in clause 5 was inserted regarding "minimum turnover" from
the cartage work of foodgrains of Govt. agencies in any one financial
there was no clause with regard to minimum turnover and every person
was eligible to take part in the bidding process; however, in the year ... clause-G in clause 5 was inserted regarding "minimum turnover" from
the cartage work of foodgrains of Govt. agencies in any one financial
decreasing. One of the
factors which might help the decision for increasing the retail outlets
in any particular area/locality could be the sales turnover
