https://www.taxtmi.com/caselaws?id=150822 Classification of an oil-tank under the Bombay Sales Tax Act depends on the article's own nature, character and ordinary use, rather than the contracting parties' description. A component part must, by its identity and ordinary use, form part of a completed motor vehicle. Although the motor-vehicle entry expressly includes chassis, an oil-tank with independent existence and ordinary uses beyond vehicle fitting does not qualify as a component part. It also is not an article adapted solely for use as a motor-vehicle part or accessory. The oil-tank therefore falls under the residuary Schedule E entry rather than the motor-vehicle entry in Schedule C. en-us Tue, 04 Feb 1975 00:00:00 +0530 Thu, 23 May 2013 11:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150822 Classification of an oil-tank under the Bombay Sales Tax Act depends on the article's own nature, character and ordinary use, rather than the contracting parties' description. A component part must, by its identity and ordinary use, form part of a completed motor vehicle. Although the motor-vehicle entry expressly includes chassis, an oil-tank with independent existence and ordinary uses beyond vehicle fitting does not qualify as a component part. It also is not an article adapted solely for use as a motor-vehicle part or accessory. The oil-tank therefore falls under the residuary Schedule E entry rather than the motor-vehicle entry in Schedule C. Case-Laws VAT and Sales Tax Tue, 04 Feb 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150822