https://www.taxtmi.com/caselaws?id=148258 Entry 47 of the Madras General Sales Tax Act was read in context and limited by the associated words and legislative purpose; the broad phrase "all kinds of mineral oils" was confined to mineral oils used as lubricants. Furnace oil, being a non-lubricant mineral oil, therefore did not fall within the entry. Sales of publicity materials were only incidental to advertising and not part of trading in those goods, so the assessee was not a dealer in respect of that turnover and tax was not exigible. The penalty for non-return was unsustainable because the turnover had been disclosed in the accounts, leaving no basis for best judgment penalty. en-us Wed, 02 Aug 1967 00:00:00 +0530 Wed, 24 Apr 2013 16:48:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148258 Entry 47 of the Madras General Sales Tax Act was read in context and limited by the associated words and legislative purpose; the broad phrase "all kinds of mineral oils" was confined to mineral oils used as lubricants. Furnace oil, being a non-lubricant mineral oil, therefore did not fall within the entry. Sales of publicity materials were only incidental to advertising and not part of trading in those goods, so the assessee was not a dealer in respect of that turnover and tax was not exigible. The penalty for non-return was unsustainable because the turnover had been disclosed in the accounts, leaving no basis for best judgment penalty. Case-Laws VAT and Sales Tax Wed, 02 Aug 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148258