1954 (1) TMI 14 - HC - VAT and Sales Tax

Summary

The High Court of Madras dismissed the revision case. The court upheld the allowance of rebate under rule 18(2) for the month prior to registration. The exclusion of Rs. 1,10,000 from turnover was justified as it was a deposit, not a sale price. The decision of the Appellate Tribunal was upheld.