https://www.taxtmi.com/caselaws?id=165993 Gold ornaments were held to fall within the expression "consignment of goods" of gold under rule 99(2)(c)(ii) of the West Bengal Value Added Tax Rules, 2005, because they are goods made of gold. That exemption excluded the operation of rules 100 to 102, so the administrative distinction between gold bars and gold ornaments was unsustainable. As rule 100 did not apply, seizure for alleged breach of that rule and the related penalty had no legal basis. The seizure and penalty were set aside, and the petitioner was entitled to refund of the security amount. en-us Wed, 13 Jul 2011 00:00:00 +0530 Mon, 15 Sep 2014 07:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165993 Gold ornaments were held to fall within the expression "consignment of goods" of gold under rule 99(2)(c)(ii) of the West Bengal Value Added Tax Rules, 2005, because they are goods made of gold. That exemption excluded the operation of rules 100 to 102, so the administrative distinction between gold bars and gold ornaments was unsustainable. As rule 100 did not apply, seizure for alleged breach of that rule and the related penalty had no legal basis. The seizure and penalty were set aside, and the petitioner was entitled to refund of the security amount. Case-Laws VAT and Sales Tax Wed, 13 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165993