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of <h1>Supreme Court Quashes Notification on Tax Rates, Orders Uniform Higher Rate. Past Transactions Unaffected.</h1> <h3>Hi-Beam Electronics Pvt. Ltd. and Another Versus State of Andhra Pradesh and Another</h3> The Supreme Court quashed Notification G.O. Ms. No. 721, Revenue (S), dated July 1, 1985, and ordered all concerned parties to pay tax at a uniform higher ... The Notification G.O. Ms. No. 721, Revenue (S), dated July 1, 1985 is to be quashed. All concerned parties will pay tax at the uniform higher rate. The Supreme Court quashed Notification G.O. Ms. No. 721, Revenue (S), dated July 1, 1985, and ordered all concerned parties to pay tax at a uniform higher rate. Past transactions will not be affected. The writ petition is disposed of accordingly.
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