1982 (4) TMI 278 - HC - VAT and Sales Tax

Summary

The High Court of Madras ruled that cast iron scrap is considered iron scrap under the Tamil Nadu General Sales Tax Act. The court rejected the argument that cast iron scrap is excluded from the definition of iron scrap. The amendment to the legislation mentioning cast iron scrap was seen as clarifying its inclusion, not implying prior exclusion. The court emphasized interpreting statutes based on plain language and common understanding. The revision was allowed in favor of the assessee, with costs awarded.