Supreme Court · 2018 INSC 99 · Decided 6 February 2018
Maya Appliances (P) LTD Now Known As Preethi Kitchen Appliances PVT. LTD. v. ADDL.COMMISSIONER of Commercial Taxes & Ors
- Court
- Supreme Court of India
- Citation
- 2018 INSC 99 · [2018] 2 S.C.R. 250
- Case number
- CIVIL APPEAL No. 357/2018
- Decided
- 6 February 2018
- Bench
- DIPAK MISRA, D.Y. CHANDRACHUD, A.M. KHANWILKAR (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Karnataka Value Added Tax Rules, 2005 - r.3(2)(c) - Claim for deduction of trade discount from the total turnover - Appellant's case that it offers a distributors depending on their performance during the previous quarter - According to appellant, the discount is offered in the regular course of business and the amount which it receives towards sales consideration is only the net amount exclusive of discount, on which VAT is collected
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