1976 (1) TMI 151 - SC - VAT and Sales Tax

Whether the iron and steel scrap, out of which the manufactured goods sought to be subjected to sales tax?

Held that:- On an amendment of section 14(iv) of the Central Act, serial No. 4 of the Second Schedule of the Tamil Nadu Act was also correspondingly amended so as to reproduce the sixteen items found in section 14(iv) of the Central Act. Hence, the decision of these cases really depends on an interpretation of section 14 of the Central Act, which we have already given above. Other provisions only fortify our conclusion.

The result is that we allow these appeals. We set aside the orders of the High Court and restore the orders of the assessing authorities in cases giving rise to Civil Appeals Nos. 880-883 of 1971. In cases out of which Civil Appeals Nos. 58-59 of 1971 arise, we set aside the judgment of the High Court but maintain its order dismissing the writ petitions and order that the assessing authorities will now proceed to determine such questions of fact and law as still survive for determination after the decision given above of the question considered by us.