https://www.taxtmi.com/caselaws?id=156071 The court upheld the Tribunal's decision that crude oil falls under item 47-A of the Tamil Nadu General Sales Tax Act, subject to tax at the prevailing rate during the relevant period. The court rejected the argument that "crude oil" should be interpreted based on common parlance, emphasizing the legislative intent as clarified by subsequent amendments. Relying on precedents and statutory interpretation, the court dismissed the tax cases, affirming the taxation of crude oil at the specified rate under item 47-A. en-us Thu, 15 Feb 1990 00:00:00 +0530 Thu, 12 Sep 2013 18:18:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156071 The court upheld the Tribunal's decision that crude oil falls under item 47-A of the Tamil Nadu General Sales Tax Act, subject to tax at the prevailing rate during the relevant period. The court rejected the argument that "crude oil" should be interpreted based on common parlance, emphasizing the legislative intent as clarified by subsequent amendments. Relying on precedents and statutory interpretation, the court dismissed the tax cases, affirming the taxation of crude oil at the specified rate under item 47-A. Case-Laws VAT and Sales Tax Thu, 15 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156071