https://www.taxtmi.com/caselaws?id=247328 The High Court set aside the Tribunal's decision and classified the top hat sections under Entry 4(v) of the II Schedule as rolled sections, taxable as declared goods, irrespective of their use in the automobile industry. The Court confirmed the reduced penalty of 75% imposed on the assessee, noting the lack of evidence to support deliberate misclassification. en-us Thu, 06 Sep 2012 00:00:00 +0530 Mon, 14 Apr 2014 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247328 The High Court set aside the Tribunal's decision and classified the top hat sections under Entry 4(v) of the II Schedule as rolled sections, taxable as declared goods, irrespective of their use in the automobile industry. The Court confirmed the reduced penalty of 75% imposed on the assessee, noting the lack of evidence to support deliberate misclassification. Case-Laws VAT and Sales Tax Thu, 06 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247328