https://www.taxtmi.com/caselaws?id=336314 Vegetable fat spread is not classifiable as edible oil under Entry No. 31 of the Third Schedule to the Karnataka Value Added Tax Act, 2003. Applying the market parlance test, the product was treated as a distinct commodity with its own identity, use and marketability, and not as edible oil merely because edible oil was one ingredient. The separate treatment of other edible oils and milk-based spread products in the schedule also supported distinct classification. It was therefore treated as an unscheduled commodity. en-us Wed, 23 Nov 2016 00:00:00 +0530 Tue, 20 Mar 2018 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336314 Vegetable fat spread is not classifiable as edible oil under Entry No. 31 of the Third Schedule to the Karnataka Value Added Tax Act, 2003. Applying the market parlance test, the product was treated as a distinct commodity with its own identity, use and marketability, and not as edible oil merely because edible oil was one ingredient. The separate treatment of other edible oils and milk-based spread products in the schedule also supported distinct classification. It was therefore treated as an unscheduled commodity. Case-Laws VAT and Sales Tax Wed, 23 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336314