https://www.taxtmi.com/caselaws?id=5852 A statutory commodity description must be construed in its commercial sense, and a Tribunal's finding that Nylon-6 answered the description of a petrochemical was held to be a finding of fact. The Tribunal relied on dictionaries, technical publications, expert material and related statutory usage, and no misdirection in law, absence of evidence, inadmissible evidence, ignoring of material evidence, or perversity was shown. On that basis, the issue raised by the reference applications did not give rise to a question of law, and the High Court correctly refused to require a reference. The assessee's product was therefore treated as falling within the relevant entry on the Tribunal's factual finding. en-us Wed, 29 Apr 1981 00:00:00 +0530 Fri, 28 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5852 A statutory commodity description must be construed in its commercial sense, and a Tribunal's finding that Nylon-6 answered the description of a petrochemical was held to be a finding of fact. The Tribunal relied on dictionaries, technical publications, expert material and related statutory usage, and no misdirection in law, absence of evidence, inadmissible evidence, ignoring of material evidence, or perversity was shown. On that basis, the issue raised by the reference applications did not give rise to a question of law, and the High Court correctly refused to require a reference. The assessee's product was therefore treated as falling within the relevant entry on the Tribunal's factual finding. Case-Laws Income Tax Wed, 29 Apr 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5852