https://www.taxtmi.com/caselaws?id=126894 The court dismissed the revision, affirming that petroleum jelly is classified as a petroleum product under Entry 108(vi) of the KGST Act, not as a chemical under Entry 33. Despite receiving a concessional tax rate alongside chemicals, petroleum jelly's classification as a petroleum product was upheld due to its derivation from crude oil and distinct nature from natural gas. The judgment highlights the importance of interpreting tax schedule entries accurately, emphasizing that concessional rates do not alter the fundamental classification of goods. en-us Tue, 26 Aug 2008 00:00:00 +0530 Wed, 09 Apr 2014 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126894 The court dismissed the revision, affirming that petroleum jelly is classified as a petroleum product under Entry 108(vi) of the KGST Act, not as a chemical under Entry 33. Despite receiving a concessional tax rate alongside chemicals, petroleum jelly's classification as a petroleum product was upheld due to its derivation from crude oil and distinct nature from natural gas. The judgment highlights the importance of interpreting tax schedule entries accurately, emphasizing that concessional rates do not alter the fundamental classification of goods. Case-Laws VAT and Sales Tax Tue, 26 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126894