clause 7 defines taxable quantum. Section 4 lays down the rate of tax. Sub-
clause 2(a) defines taxable turnover. For ready reference the provisions ... been
accorded registration under the Act. Section 2(e) define 'turnover' as the aggregate of
the amounts of sale price receivable or actually
deferral or sales tax exemption for the enhanced turnover above the base turnover as defined for a period of 14 years or 7 years respectively ... industrial incentives are to be extended. Further, the "base turnover" was defined in G.O. Ms. No. 386 differently with that
purchasers, and the turnover of the Corporation is computed on that basis
and the turnover tax paid accordingly.
The turnover tax was introduced with effect ... every dealer shall pay turnover tax on the turnover of goods as
specified hereunder, namely :-
(a) by an oil company defined in the Explanation under
basis that
the same does not form part of the turnover. Writ Petition filed by the
respondent was allowed by the High Court and this ... short the "Act")
"turnover" is defined in Section 2(i) to include:
"the aggregate of the amounts of sales
since freight being charged separately, would not be a part of the turnover and the Tribunal has rightly held that the freight charged from ... Cement Control Order, was part of the turnover or not. Taxable turnover was defined by Section 2 (s) of Rajasthan Sales Tax Act to mean
maintained.
40. In the present case, issue is about turnover of sales of goods only. Turnover of sales for a period in the present case ... ratio which the export turnover bears to total turnover.
47. Clause (c) of Explanation to Section 80HHC defines "adjusted total turnover" to mean
adjusted export turnover" means the export turnover as reduced by the export turnover in respect of trading goods;
(b) "adjusted profits ... deduction in the case of an exporter. The term export turnover has been defined in Expln. (b) below Section 80HHC. The definition of "export
ought to have held that the conversion charges are part of total turnover for the purpose of computation.of deduction under section 80HHC ... erred in confirming the following sums as forming part of total turnover as defined under section 80HHC of the Income Tax Act.
Sale of yarn
ought to have held that the conversion charges are part of total turnover for the purpose of computation of deduction Under Section 80HHC ... erred in confirming the following sums as forming part of total turnover as defined Under Section 80HHC of the Income-tax Act.
Sale of yarn
question to be determined is whether while computing deduction under section 80HHC, turnover of units claiming exemption under section 10A is also to be included ... which this section applies. Similarly, the words "export turnover" is defined which means ,sale proceeds of any goods or merchandise' to which
