https://www.taxtmi.com/caselaws?id=171628 Rayon and nylon yarn made from man-made fibres were treated as textiles under the Textiles Committee Act, 1963 because the statutory term was construed in its commercial and popular sense, consistent with the Act's quality-control object, rather than in a narrow scientific sense. The levy under Rule 21 of the Textiles Committee Rules, 1965 was also upheld as a valid fee: proceeds were credited to the Textiles Fund and applied to statutory functions such as inspection, testing, standardisation, export promotion and market-related quality control. A strict mathematical quid pro quo was not required; a reasonable relationship between the levy and services to the regulated industry was sufficient. en-us Mon, 12 Sep 1988 00:00:00 +0530 Mon, 27 Jul 2015 18:42:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171628 Rayon and nylon yarn made from man-made fibres were treated as textiles under the Textiles Committee Act, 1963 because the statutory term was construed in its commercial and popular sense, consistent with the Act's quality-control object, rather than in a narrow scientific sense. The levy under Rule 21 of the Textiles Committee Rules, 1965 was also upheld as a valid fee: proceeds were credited to the Textiles Fund and applied to statutory functions such as inspection, testing, standardisation, export promotion and market-related quality control. A strict mathematical quid pro quo was not required; a reasonable relationship between the levy and services to the regulated industry was sufficient. Case-Laws Indian Laws Mon, 12 Sep 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171628