1983 (11) TMI 261 - HC - VAT and Sales Tax

Summary

The High Court of Madras upheld the Tribunal's decision that explosives, detonators, and safety fuses should be taxed at 4% multi-point, not at a higher single point rate as contended by the Revenue. The Tribunal rectified its order to include all three items after initially omitting explosives. The Court dismissed the Revenue's challenge, stating that the items do not fall under entries 53 or 138 of the First Schedule for single-point taxation.