Determination of turnover

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..... wing formula rate of tax aggregate of sale prices : 100 plus rate of tax Provided that no deduction on the basis of the above formula shall be made if the amount by way of tax collected by a registered dealer, in accordance with the provisions of this Act, has been otherwise deducted from the aggregate of sale prices. Explanation : Where the tu .....

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..... or, as the case may be, reassess the tax payable by the dealer under this Act ; and (c) such other deductions as the Central Government may, having regard to the prevalent market conditions, facility of trade and interests of consumers, prescribe. (2) Save as otherwise provided in sub-section (1), in determining the turnover of a dealer for the purposes of this Act, no d .....

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