https://www.taxtmi.com/caselaws?id=269991 The High Court upheld the Tribunal's decision, dismissing the Revenue's appeal. The judgment clarified the classification of the product as an IT product under Schedule Entry C-56 and Notification Entry -11, emphasizing the importance of interpreting tax entries based on their plain language and intent. The Tribunal's classification of the product resulted in the application of a 4% tax rate, rejecting the Revenue's attempt to impose a higher rate under the residuary entry. en-us Tue, 24 Nov 2015 00:00:00 +0530 Tue, 14 Jun 2016 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269991 The High Court upheld the Tribunal's decision, dismissing the Revenue's appeal. The judgment clarified the classification of the product as an IT product under Schedule Entry C-56 and Notification Entry -11, emphasizing the importance of interpreting tax entries based on their plain language and intent. The Tribunal's classification of the product resulted in the application of a 4% tax rate, rejecting the Revenue's attempt to impose a higher rate under the residuary entry. Case-Laws VAT and Sales Tax Tue, 24 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269991