1971 (4) TMI 82

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..... ar 1966-67 is liable to sales tax at the point of first sale only in the series of sales by successive dealers in the State at the reduced rate of 2 per cent. in view of the Notification No. G.O. Ms. 361/64/Rev. dated 4th June, 1964, issued by the Kerala Government under section 10 of the Kerala General Sales Tax Act, 1963, for the reason that nylon yarn is artificial silk yarn. The Tribunal has n .....

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..... on. In Kishinchand Chellaram v. Joint Commercial Tax Officer[1968] 21 S.T.C. 367., the Madras High Court took the view that the expression "artificial silk" in item 4 of the Third Schedule of the Madras General Sales Tax Act, 1959, will take in "nylon" and is therefore exempt from sales tax. It is no doubt true that the decision interpreted the expression "artificial silk fabrics" in item 4 of the .....

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