https://www.taxtmi.com/caselaws?id=165971 The Karnataka High Court ruled in favor of the Revenue, holding that the benefit of a reduced tax rate on specific goods, as per a notification, applied only to oil cake and not de-oiled cake. The court emphasized the clear legislative intent to treat oil cake and de-oiled cake as distinct commodities, rejecting the argument that de-oiled cake should be considered the same as oil cake. The decision overturned the Tribunal's ruling and reinstated the assessing authority's imposition of tax at four percent on de-oiled cake sales, underscoring the importance of strictly interpreting notifications and respecting legislative distinctions between commodities. en-us Thu, 11 Aug 2011 00:00:00 +0530 Sat, 13 Sep 2014 22:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165971 The Karnataka High Court ruled in favor of the Revenue, holding that the benefit of a reduced tax rate on specific goods, as per a notification, applied only to oil cake and not de-oiled cake. The court emphasized the clear legislative intent to treat oil cake and de-oiled cake as distinct commodities, rejecting the argument that de-oiled cake should be considered the same as oil cake. The decision overturned the Tribunal's ruling and reinstated the assessing authority's imposition of tax at four percent on de-oiled cake sales, underscoring the importance of strictly interpreting notifications and respecting legislative distinctions between commodities. Case-Laws VAT and Sales Tax Thu, 11 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165971