turnover as a component of total turnover in the
denominator. The reason being the total turnover includes
export turnover. The components of the export turnover ... turnover, when the total turnover includes export
turnover. If what is excluded in computing the export
turnover is included while arriving at the total turnover
defines "taxable
turnover" to mean "such turnover as is arrived at after deducting from the
turnover of sales such amounts ... prescribed". Section 2(t) defines
"turnover of sales" to mean "the aggregate of the amount of sale price received
or receivable
consumer" (see Shri Krishna Engineering Co. case
Infra). Section 2(e) defines a 'dealer' to mean any
person who carries ... been accorded registration under the Act.
Section 2(o) defines 'turnover' as the aggregate of the
amounts of sale price receivable or actually
turnover even though it had been already deducted from the gross turnover of the selling dealers and was not included in the taxable turnover ... sale".
(2) The words "sale" and "turnover" defined in Sections 2(g) and 2(i) are also not confined
rules made thereunder, a tax shall be leviable
on the turnover of sales in respect of -
(a) the transfer of the right ... deferred payment" is made. Likewise, Section 2(s) which defines
"turnover of sales" to mean the aggregate amounts of sale price received
each quarter according to the return
of his turnover as defined in clause (o) of Section 2 .
Sub-section (2) of Section 27 provides that ... dealer had paid tax in
each quarter according to the returned turnover as defined in
Section 2(o) , then the dealer could not be held
outset, it may be mentioned that Section 2(y) which defines
―turnover‖ does not provide any clarity to the aforesaid issue. It
only mentions that ... manner: (SCC
OnLine ZACAC para 51)
―51. The concept of ―turnover‖ is not defined in the Act
and is only referred to in Section
said writ petition was on the ground that the
definition of term „turnover of sales‟ in Section 2(s) was ultra vires the
charging section ... defined in Section 2(1)(zc) clause (vi)
would include transfer of right to use goods. Section 2(1)(zm) defines
„turnover‟ to be aggregate
Section 2(1) defines 'sale'. Section 2(m) defines "sales-price', and Section 2(0) defines 'turnover'. Section
Government. Section 2(d) defines "goods" as including all materials, commodities and articles. Section 2(i) defines "turnover" used in relation ... rate of tax". Sub-section (2) thereof defines "taxable turnover" as meaning "that part of a dealer's gross turnover
