1973 (2) TMI 115 - SC - VAT and Sales Tax

Whether groundnut is oil-seed? Held that - Appeal allowed. Both the Madhya Pradesh High Court and the Punjab and Haryana High Court were wrong in holding that groundnut is not oil-seed.

Summary

The Supreme Court of India decided that groundnut is considered an oil-seed in commercial circles. The court dismissed the appeal, upholding that groundnut is indeed an oil-seed and is mostly used for the manufacture of oil. The decision of the Madhya Pradesh High Court and Punjab and Haryana High Court on this matter was deemed incorrect. The appeal was dismissed with costs.