1987 (4) TMI 468

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..... computation of the taxable turnover of the assessee. The assessee carries on the business of selling tyres. According to the prevailing practice, if a tyre is found defective, it is replaced with a new tyre. However, in some cases where the tyre has been used for some time, a part of the price is charged while replacing it with a new tyre. There is no dispute that where the replacement by a new ty .....

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..... x on the entire sale price of the initial transaction. There is no occasion to require the assessee to pay tax on an amount which is not charged from the customer as sale price while replacing the tyre. It is not as if the department reduces the sale price of the first transaction by the amount for which the adjustment is given to the customer while making the replacement with a new tyre. The sale .....

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