https://www.taxtmi.com/caselaws?id=268131 The High Court held that the raw aluminum castings were correctly classified under Entry C-I-29 and taxed at 4%, rejecting the Revenue's argument for classification under the residual Entry C-II-102. The Court relied on precedents to determine that the castings, requiring further processing, fell under Entry C-I-29 as non-ferrous metal ingots. The decision aligned with Vasantham Foundry, emphasizing that unfinished castings should be treated as the base material for taxation purposes. The Court ruled in favor of the Respondent, upholding the MSTT's classification and disposing of the Sales Tax Reference without costs. en-us Fri, 30 Oct 2015 00:00:00 +0530 Wed, 22 Jun 2016 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268131 The High Court held that the raw aluminum castings were correctly classified under Entry C-I-29 and taxed at 4%, rejecting the Revenue's argument for classification under the residual Entry C-II-102. The Court relied on precedents to determine that the castings, requiring further processing, fell under Entry C-I-29 as non-ferrous metal ingots. The decision aligned with Vasantham Foundry, emphasizing that unfinished castings should be treated as the base material for taxation purposes. The Court ruled in favor of the Respondent, upholding the MSTT's classification and disposing of the Sales Tax Reference without costs. Case-Laws VAT and Sales Tax Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268131