https://www.taxtmi.com/caselaws?id=5853 The Supreme Court held that the classification of Nylon-6 as a "petrochemical" for tax purposes was a question of fact, not law. The Court found that the Tribunal's determination on this matter was final, emphasizing the specialized tribunal's authority in factual determinations. As a result, the Court allowed the appeal, overturned the High Court's decision, rejected the reference application, and awarded costs to the appellant. This case underscores the importance of recognizing the finality of factual determinations by specialized tribunals in tax classifications. 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=5853 The Supreme Court held that the classification of Nylon-6 as a "petrochemical" for tax purposes was a question of fact, not law. The Court found that the Tribunal's determination on this matter was final, emphasizing the specialized tribunal's authority in factual determinations. As a result, the Court allowed the appeal, overturned the High Court's decision, rejected the reference application, and awarded costs to the appellant. This case underscores the importance of recognizing the finality of factual determinations by specialized tribunals in tax classifications. Case-Laws Income Tax Wed, 29 Apr 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5853