https://www.taxtmi.com/caselaws?id=144066 Charcoal was treated as falling within the commercial and popular meaning of "coal" for fiscal classification under the Madhya Pradesh General Sales Tax Act, 1958. Because tax entries are construed in the sense in which goods are understood in trade, and charcoal was not separately named in the Schedule, it was placed in the specific entry for coal rather than the residuary entry. The result was tax at 2 per cent under Part III of Schedule II instead of the higher residuary rate. The governing principle is that commercial understanding prevails in construing fiscal entries, and a commodity within that understanding is not relegated to a residuary category. en-us Wed, 23 Feb 1966 00:00:00 +0530 Fri, 19 Apr 2013 10:32:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=144066 Charcoal was treated as falling within the commercial and popular meaning of "coal" for fiscal classification under the Madhya Pradesh General Sales Tax Act, 1958. Because tax entries are construed in the sense in which goods are understood in trade, and charcoal was not separately named in the Schedule, it was placed in the specific entry for coal rather than the residuary entry. The result was tax at 2 per cent under Part III of Schedule II instead of the higher residuary rate. The governing principle is that commercial understanding prevails in construing fiscal entries, and a commodity within that understanding is not relegated to a residuary category. Case-Laws VAT and Sales Tax Wed, 23 Feb 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=144066