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<h1>Kerala HC upholds 3% tax rate on rubber goods under G.O. Ms. No. 124/88/TD.</h1> The Kerala HC upheld the 3% concessional tax rate on finished rubber goods as per G.O. Ms. No. 124/88/TD. The court relied on a previous judgment and ... - The Kerala High Court upheld the concessional tax rate of 3 per cent on finished rubber goods as per G.O. Ms. No. 124/88/TD dated August 31, 1988. The court referred to a previous judgment affirming the same, and dismissed the tax revision cases, stating no illegality in the Sales Tax Appellate Tribunal's order.
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