https://www.taxtmi.com/caselaws?id=242454 The court ruled in favor of the petitioner, determining that the road construction equipment should be classified as "plant and machinery" under the Bihar Value Added Tax Act, 2005. The equipment was not considered as "motor vehicles," leading to a lower tax rate of 4% (5% from April 1, 2012) instead of the higher rate of 12.5%. The court's decision favored the petitioner's argument that the equipment was essential for construction purposes and not for transportation, aligning with the classification under Entry 91 of Schedule-III of the Act. en-us Thu, 09 Jan 2014 00:00:00 +0530 Wed, 15 Jan 2014 10:25:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242454 The court ruled in favor of the petitioner, determining that the road construction equipment should be classified as "plant and machinery" under the Bihar Value Added Tax Act, 2005. The equipment was not considered as "motor vehicles," leading to a lower tax rate of 4% (5% from April 1, 2012) instead of the higher rate of 12.5%. The court's decision favored the petitioner's argument that the equipment was essential for construction purposes and not for transportation, aligning with the classification under Entry 91 of Schedule-III of the Act. Case-Laws VAT and Sales Tax Thu, 09 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242454