https://www.taxtmi.com/caselaws?id=159057 Strip labels falling within the excluded class of labels or similar textile articles could not claim exemption as textiles under entry 8A because the amended tariff description in item 58.07 governed the post-amendment period, so the goods remained taxable. Penalty under section 29(2)(c) was not sustainable where the turnover was fully disclosed and the exemption claim rested on a bona fide interpretation of taxability, as mere rejection of that claim did not show concealment or fraudulent intent. en-us Wed, 15 Jul 1998 00:00:00 +0530 Thu, 17 Jul 2025 16:16:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159057 Strip labels falling within the excluded class of labels or similar textile articles could not claim exemption as textiles under entry 8A because the amended tariff description in item 58.07 governed the post-amendment period, so the goods remained taxable. Penalty under section 29(2)(c) was not sustainable where the turnover was fully disclosed and the exemption claim rested on a bona fide interpretation of taxability, as mere rejection of that claim did not show concealment or fraudulent intent. Case-Laws VAT / Sales Tax Wed, 15 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159057