Turnover tax payable on ‘total turnover’ under section 6B of KST Act

M/s. Achal Industries Vs State of Karnataka (Supreme Court) Conclusion – Except the deductions provided under the first proviso to Section 6B(1) nothing else can be deducted from the total turnover as defined under Section 2(u2) for the purpose of levy of turnover tax under Section 6B of the Act. Facts – Assessee contended that levy of turnover tax under section 6-B of the KST Act on ‘total turnover’ is a misconstruction and it should be on the ‘taxable turnover’. Assessee submitted that though the first limb of the Section has adopted the word ‘total turnover’ but it is only f...