1977 (12) TMI 130 - HC - VAT and Sales Tax

Summary

The High Court of Bombay addressed a reference under section 61(1) of the Bombay Sales Tax Act, 1959, regarding the classification of platinum under entry 1 of Schedule E. The Court found that the Tribunal erred in determining platinum as "bullion" without considering evidence of common or trade parlance. The matter was remanded to the Tribunal for further consideration. (Case citation: 1977 (12) TMI 130 - BOMBAY HIGH COURT)