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2018 (4) TMI 1443 - HC - VAT and Sales TaxRate of tax - nylon - taxable at 4% or 11%? - Tribunal treated the item falling under Entry 51 in Part B of First Schedule to the Tamil Nadu General Sales Tax Act, 1959 - Held that: - Tax exempted goods, listed in Schedule III of Tamil Nadu General Sales Tax Act, 1959, include tobacco, sugar, cotton and woolen fabrics, handloom cloth and few other commodities. Besides, conditional exemption, effected through special notifications, is also accorded to the sale/purchase of a number of goods by certain persons or institutions - The Tribunal has rightly held that polymide - Nylon-6 is a plastic raw material, would fall under Entry 51 in Part B of First Schedule to TNGST Act, 1959, at the relevant time and eligible to be taxed at 4%. Tax case revision dismissed.
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