https://www.taxtmi.com/caselaws?id=171979 Masala powder was held not to fall within Entry 89 of the Third Schedule to the Karnataka Value Added Tax Act, 2003 because, on the commercial parlance test, it is commercially distinct from spice simpliciter and from its ingredients; the later legislative amendment from 1 April 2006 also confirmed that position. It was therefore taxable under the residuary provision in section 4 at the higher rate. The Court further upheld the reassessment and suo motu revisional proceedings, finding no infirmity in the initiation of reassessment for underpaid VAT or in the revisional authority's power to set aside the appellate order and restore the assessment. en-us Thu, 09 Aug 2012 00:00:00 +0530 Tue, 11 Aug 2015 19:29:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171979 Masala powder was held not to fall within Entry 89 of the Third Schedule to the Karnataka Value Added Tax Act, 2003 because, on the commercial parlance test, it is commercially distinct from spice simpliciter and from its ingredients; the later legislative amendment from 1 April 2006 also confirmed that position. It was therefore taxable under the residuary provision in section 4 at the higher rate. The Court further upheld the reassessment and suo motu revisional proceedings, finding no infirmity in the initiation of reassessment for underpaid VAT or in the revisional authority's power to set aside the appellate order and restore the assessment. Case-Laws VAT and Sales Tax Thu, 09 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171979