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2001 (4) TMI 880 - HC - VAT and Sales TaxExtract: .......arch 22, 1995 clarifying that the concessional rates of tax is applicable only to gold bullion, specie and jewellery. Therefore, the petitioner is aware of the liability to tax at the normal rate in respect of silver bullion. 16.. Hence, there is no merit in the writ petition and the same is accordingly dismissed. No costs. Writ petition dismissed.
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