1976 (10) TMI 137 - HC - VAT and Sales Tax

Summary

The High Court of Punjab and Haryana ruled that rubber transmission belting does not qualify for tax exemption under items 30-B or 30-C of Schedule B of the Punjab General Sales Tax Act. The court found that rubber transmission belting is not similar in nature to canvas cloth or tarpaulins as required by item 30-B, and it does not meet the criteria of being described as a fabric under item 30-C. As a result, the court answered both questions in the negative, against the assessee.