1982 (6) TMI 244 - HC - VAT and Sales Tax

Summary

The High Court of Madras upheld the Tribunal's decision that mirrors sold as accessories to cycles should be taxed at 6% under entry "accessory to cycle," not at 10% under entry "glass and glassware." The assessee, a cycle dealer, argued for the lower tax rate, which was supported by the Tribunal based on the purpose of the mirror as a spare part for cycles. The Court dismissed the tax case.