https://www.taxtmi.com/caselaws?id=161528 Diesel engine pumping sets were treated as agricultural implements up to 6 September 1981 because the relevant exclusion initially covered only water pumps and the retrospective amendment did not specifically move pumping sets into the machinery entry. From 7 September 1981, a specific notification brought pumping sets within the machinery classification, changing the tax treatment prospectively. The later Supreme Court decision in the assessee's own case, which distinguished pumping sets from water pumps, was treated as binding where two equal-strength Supreme Court rulings appear to conflict. The result was agricultural-implement classification for the earlier period and machinery classification thereafter. en-us Wed, 12 Mar 2003 00:00:00 +0530 Fri, 31 Jan 2014 15:17:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161528 Diesel engine pumping sets were treated as agricultural implements up to 6 September 1981 because the relevant exclusion initially covered only water pumps and the retrospective amendment did not specifically move pumping sets into the machinery entry. From 7 September 1981, a specific notification brought pumping sets within the machinery classification, changing the tax treatment prospectively. The later Supreme Court decision in the assessee's own case, which distinguished pumping sets from water pumps, was treated as binding where two equal-strength Supreme Court rulings appear to conflict. The result was agricultural-implement classification for the earlier period and machinery classification thereafter. Case-Laws VAT and Sales Tax Wed, 12 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161528