1982 (3) TMI 222 - HC - VAT and Sales Tax

Summary

The High Court of Orissa addressed a case involving the taxability of gunny bags used as containers. The Tribunal reduced the tax rate on the sale of gunny bags from 7-8% to 3% based on the agreement terms linking the price of gunny to the supply of rice. The Court upheld this decision, stating that the sales turnover of gunny bags was correctly taxed at 3%.