1977 (12) TMI 127 - HC - VAT and Sales Tax

Summary

The High Court of Madras ruled that cotton belts used for transmitting power are exempt from tax under item 4 of the Third Schedule, even if they are parts falling under item 81 of the First Schedule. The court considered cotton belts as "cotton fabric" based on a decision by the Kerala High Court. The petition was dismissed. (Case citation: 1977 (12) TMI 127 - MADRAS HIGH COURT)