1998 (12) TMI 572 - HC - VAT and Sales Tax

Summary

The Allahabad High Court dismissed a revision petition challenging an order of the Sales Tax Tribunal regarding the tax exemption of water pumps and diesel pumping sets as agricultural implements. The Tribunal found diesel pumping sets to be taxable as power-driven agricultural implements, and the Commissioner's application for rectification was rejected as the issue was debatable. The Tribunal's decision was upheld due to the finding being a matter of fact and the passage of time since the assessment year in question.