https://www.taxtmi.com/caselaws?id=104052 The Supreme Court held that cycle rims are declared goods under the Central Sales Tax Act, subject to a maximum tax rate of 4%. The Court disagreed with the High Court's interpretation that rims are not synonymous with wheels, ruling that rims are integral parts of wheels and fall within the definition of wheels. The appellant's appeal was successful, overturning the High Court's decision to tax cycle rims at 8% under the U.P. Sales Tax Act. The appellant was entitled to be taxed at 4% on the sale price of cycle rims, with costs awarded in their favor. en-us Wed, 24 Apr 1996 00:00:00 +0530 Sat, 11 Feb 2017 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104052 The Supreme Court held that cycle rims are declared goods under the Central Sales Tax Act, subject to a maximum tax rate of 4%. The Court disagreed with the High Court's interpretation that rims are not synonymous with wheels, ruling that rims are integral parts of wheels and fall within the definition of wheels. The appellant's appeal was successful, overturning the High Court's decision to tax cycle rims at 8% under the U.P. Sales Tax Act. The appellant was entitled to be taxed at 4% on the sale price of cycle rims, with costs awarded in their favor. Case-Laws Service Tax Wed, 24 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104052