Credit notes not affecting input tax already deposited not to be treated as taxable turnover

Saji Thomas Vs Assistant Commissioner (Kerala High Court) Facts- The writ petitioner is a registered dealer under the Kerala Value Added Tax Act 2003. The petitioner is a trader in cement. As per the trade practice, the suppliers extend discounts to buyers based on the purchases made by the dealers from the suppliers in an accounting year. The deductions, namely, turnover discount, target discount, additional discount, special discount etc., are allowable deductions from the sales price or the purchase price, as the case may be, subject to the value of goods paid by buyers is the amount less s...