2010 (8) TMI 859

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t during the years 2005-06 and 2006-07 (up to June 30, 2006). Articles are all minted products of 22 ct. and 24 ct. gold pieces, some in heart-shape, some with embossed picture of Goddess Lakshmi and some with God Ganesa and certain others with names and logos of various companies engaged in production and marketing of goods along with it gold coins offered as incentives. The case of the appell .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... roducts sold by the assessee will fall under entry 4(4) of the Third Schedule to the KVAT Act for levy of tax. Assessment at 12.5 per cent treating the items as falling under the residuary entry and confirmed by the Tribunal is incorrect. Following our judgment in the above case, O.T. Appeal No. 5 of 2010, we allow the revisions in part by directing assessment of entire turnover of all the abov .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X