https://www.taxtmi.com/caselaws?id=156359 Where a fiscal entry is undefined, it is construed in its common or trade parlance rather than by technical meaning. Applying that test, the tribunal noted that trade materials, purchase vouchers and a commissioner's circular showed soft waste of cotton was commercially recognised as a variety of cotton and was distinct from cotton waste. Cotton waste was separately understood in trade and had also lost exemption from the relevant date. On that basis, the term cotton in entry 38 of Schedule I was held wide enough to cover soft waste of cotton, which therefore remained exempt under section 6 of the Bengal Finance (Sales Tax) Act, 1941. en-us Wed, 05 Dec 1990 00:00:00 +0530 Wed, 18 Sep 2013 17:43:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156359 Where a fiscal entry is undefined, it is construed in its common or trade parlance rather than by technical meaning. Applying that test, the tribunal noted that trade materials, purchase vouchers and a commissioner's circular showed soft waste of cotton was commercially recognised as a variety of cotton and was distinct from cotton waste. Cotton waste was separately understood in trade and had also lost exemption from the relevant date. On that basis, the term cotton in entry 38 of Schedule I was held wide enough to cover soft waste of cotton, which therefore remained exempt under section 6 of the Bengal Finance (Sales Tax) Act, 1941. Case-Laws VAT and Sales Tax Wed, 05 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156359