https://www.taxtmi.com/caselaws?id=161725 Non-ferrous metal scrap intended to be melted and reused in manufacture falls within entry 29-A of the Second Schedule to the Karnataka Entry Tax Act, as the expression "non-ferrous metal" was construed in its commercial and contextual sense and scrap was treated as raw material rather than a finished product. The article also notes that a mistaken return or voluntary payment does not bar an assessee from challenging taxability in appeal, because the appellate authority must examine the true exigibility of the goods. On that reasoning, the revisional order was unsustainable, the appellate order was restored, and the scrap turnover remained exempt from entry tax. en-us Mon, 08 Mar 2004 00:00:00 +0530 Mon, 22 Jul 2024 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161725 Non-ferrous metal scrap intended to be melted and reused in manufacture falls within entry 29-A of the Second Schedule to the Karnataka Entry Tax Act, as the expression "non-ferrous metal" was construed in its commercial and contextual sense and scrap was treated as raw material rather than a finished product. The article also notes that a mistaken return or voluntary payment does not bar an assessee from challenging taxability in appeal, because the appellate authority must examine the true exigibility of the goods. On that reasoning, the revisional order was unsustainable, the appellate order was restored, and the scrap turnover remained exempt from entry tax. Case-Laws VAT and Sales Tax Mon, 08 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161725