https://www.taxtmi.com/caselaws?id=152986 Pulleys were held not to fall within "iron and steel" under section 14(iv) of the Central Sales Tax Act because the entry is exhaustive and a pulley is commercially distinct from a wheel. They were also held not taxable as machine parts, following prior authority on ordinary pulleys used for power transmission. However, pulleys were treated as taxable as hardware and mill stores on commercial parlance reasoning, since iron pulleys were accepted within that category. The stated ratio is that a specific tariff entry must be applied according to its ordinary and commercial meaning, and a finished article cannot be treated as a component merely because it contains that component. en-us Tue, 30 Sep 1980 00:00:00 +0530 Mon, 15 Jul 2013 14:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152986 Pulleys were held not to fall within "iron and steel" under section 14(iv) of the Central Sales Tax Act because the entry is exhaustive and a pulley is commercially distinct from a wheel. They were also held not taxable as machine parts, following prior authority on ordinary pulleys used for power transmission. However, pulleys were treated as taxable as hardware and mill stores on commercial parlance reasoning, since iron pulleys were accepted within that category. The stated ratio is that a specific tariff entry must be applied according to its ordinary and commercial meaning, and a finished article cannot be treated as a component merely because it contains that component. Case-Laws VAT and Sales Tax Tue, 30 Sep 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152986