2017 (7) TMI 508 - SCH - VAT and Sales Tax

Classification of goods - Rate of tax applicable - Levy of tax on Image Runners @4% or @12% - Whether the Image Runners (Multi-function Network Printers) sold by the assessee are to be classified under Schedule I, Part B, Entry 18(i) as claimed by the assessee or under Schedule I, Part C, Entry 13(i) as held by the Tribunal - the decision in the case of M/s. Canon India (P) Ltd. Versus State of Tamil Nadu Represented By The Dy Commercial Tax Officer 2015 (2) TMI 751 - MADRAS HIGH COURT contested, where it was held that Goods in question partake the character of peripheral of a computer and therefore, it is classifiable under Entry 18(i) of Part B of Schedule I of TNGST Act - Held that - the decision in the above case upheld - SLP dismissed.

Summary

The Supreme Court dismissed the Special Leave Petitions after hearing the counsel for both parties and finding no legal grounds for interference. Delay was condoned and exemption from filing certified copy of the impugned order was granted.