Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Court rules iron scrap sold by assessee taxable at 2% under Madras Sales Tax Act, not machinery.</h1> The Court dismissed the revision case, holding that iron scrap sold by the assessee is assessable at 2% under the Madras General Sales Tax Act and cannot ... - The Tribunal found that the material sold by the assessee was iron scrap, assessable at 2 per cent under the Madras General Sales Tax Act. The Court dismissed the revision case, stating that iron scrap cannot be considered an item of machinery.