1978 (5) TMI 111 - HC - Service Tax

Summary

The High Court of Allahabad upheld that the amount received by the assessee for the sale of bricks constitutes turnover. The price obtained by selling the bricks through a contractor on deferred payment basis falls under the definition of turnover. The amount was not compensation for misappropriation. The deduction of contractor's expenditure was not allowed from the turnover. The question was answered in favor of the department. The Commissioner was awarded costs of Rs. 200.