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1987 (2) TMI 446 - SC - VAT and Sales TaxWhether insurance charges is a part of "turnover" under section 2(s) of the Andhra Pradesh General Sales Tax Act, 1957, for purposes of levy of sales tax? Held that:- Appeal dismissed. The vires of the definition is not in issue and since the bill of sale included insurance charges and the assessee-appellant recovered the amount as part of the consideration for the transaction of sale there is no force in the challenge raised by the appellant against the demand. The explanation attached to the definition of "turnover" indicates what has to be excluded from it. After the exclusion what remains is clearly taxable.
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