https://www.taxtmi.com/caselaws?id=234868 A tax dispute concerning adjustment of 2% tax on iron and steel purchases from units holding eligibility certificates was not finally resolved on merits because the Tribunal had not considered binding Supreme Court authority in Usha Martin Industries and other relevant later decisions. The High Court held that, where the lower appellate authority omits consideration of controlling precedent on the tax issue, the proper course is fresh adjudication under the correct legal position. The impugned orders were set aside and the matter was remitted to the Tribunal for reconsideration in accordance with law. en-us Mon, 01 Jul 2013 00:00:00 +0530 Tue, 02 Jul 2013 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234868 A tax dispute concerning adjustment of 2% tax on iron and steel purchases from units holding eligibility certificates was not finally resolved on merits because the Tribunal had not considered binding Supreme Court authority in Usha Martin Industries and other relevant later decisions. The High Court held that, where the lower appellate authority omits consideration of controlling precedent on the tax issue, the proper course is fresh adjudication under the correct legal position. The impugned orders were set aside and the matter was remitted to the Tribunal for reconsideration in accordance with law. Case-Laws VAT and Sales Tax Mon, 01 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234868