https://www.taxtmi.com/caselaws?id=161858 Bronze powder used for printing textile fabrics was classified by applying the functional identity and common parlance tests: its primary use by textile mills and chippas to produce golden designs on cloth brought it within the specific entry for that product and excluded the residuary entry. The product was not treated as a technical or scientific article requiring specialised meaning. The penalty deletion was also upheld because the assessed tax difference did not exceed the statutory tolerance level, and the classification finding supported that result. The Tribunal's view on both classification and penalty was therefore sustained in favour of the assessee. en-us Fri, 17 Dec 2004 00:00:00 +0530 Sat, 08 Feb 2014 12:53:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161858 Bronze powder used for printing textile fabrics was classified by applying the functional identity and common parlance tests: its primary use by textile mills and chippas to produce golden designs on cloth brought it within the specific entry for that product and excluded the residuary entry. The product was not treated as a technical or scientific article requiring specialised meaning. The penalty deletion was also upheld because the assessed tax difference did not exceed the statutory tolerance level, and the classification finding supported that result. The Tribunal's view on both classification and penalty was therefore sustained in favour of the assessee. Case-Laws VAT and Sales Tax Fri, 17 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161858