https://www.taxtmi.com/caselaws?id=160278 Casuarina wood purchased in sized form for use as paper-manufacturing raw material was held not to qualify as firewood for exemption purposes. The Tribunal treated classification by the true nature of the transaction and the actual industrial use, rather than a broad common-parlance label, and found the exemption notification inapplicable. Purchase tax was therefore upheld. The penalty, already restricted to 50 per cent of the tax due, was also sustained because it had been moderated by the Tribunal. en-us Wed, 16 Feb 2000 00:00:00 +0530 Fri, 13 Dec 2013 17:46:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160278 Casuarina wood purchased in sized form for use as paper-manufacturing raw material was held not to qualify as firewood for exemption purposes. The Tribunal treated classification by the true nature of the transaction and the actual industrial use, rather than a broad common-parlance label, and found the exemption notification inapplicable. Purchase tax was therefore upheld. The penalty, already restricted to 50 per cent of the tax due, was also sustained because it had been moderated by the Tribunal. Case-Laws VAT and Sales Tax Wed, 16 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160278