https://www.taxtmi.com/caselaws?id=237506 Diesel and furnace oil imported for use in an industry were held to fall within a specific entry in Schedule II attracting tax at 7%, rather than the residuary entry for industrial inputs and raw materials. The residuary provision could not be used where the goods were already specifically covered by the schedule. A later notification was treated as explanatory only, clarifying that goods covered by the specific entry could not be shifted to the residuary category. The challenge to the classification therefore failed, and the statutory treatment under the specific entry was upheld. en-us Wed, 04 Sep 2013 00:00:00 +0530 Mon, 30 Sep 2013 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237506 Diesel and furnace oil imported for use in an industry were held to fall within a specific entry in Schedule II attracting tax at 7%, rather than the residuary entry for industrial inputs and raw materials. The residuary provision could not be used where the goods were already specifically covered by the schedule. A later notification was treated as explanatory only, clarifying that goods covered by the specific entry could not be shifted to the residuary category. The challenge to the classification therefore failed, and the statutory treatment under the specific entry was upheld. Case-Laws VAT and Sales Tax Wed, 04 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237506