https://www.taxtmi.com/caselaws?id=343433 The High Court upheld the Tax Board's decision to levy tax at 10% on the "Solvent Cement Solution" sold by the assessee, a company engaged in PVC pipe manufacturing. The Court found the product did not fall under the specific entry for PVC pipes and fittings, rejecting the assessee's argument for a lower tax rate of 4%. The penalty under Sec.65 of the Act was deleted due to the legitimate classification dispute and lack of tax evasion evidence. The Court dismissed all petitions for lacking merit and awarded no costs. en-us Fri, 12 May 2017 00:00:00 +0530 Thu, 25 May 2017 10:25:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343433 The High Court upheld the Tax Board's decision to levy tax at 10% on the "Solvent Cement Solution" sold by the assessee, a company engaged in PVC pipe manufacturing. The Court found the product did not fall under the specific entry for PVC pipes and fittings, rejecting the assessee's argument for a lower tax rate of 4%. The penalty under Sec.65 of the Act was deleted due to the legitimate classification dispute and lack of tax evasion evidence. The Court dismissed all petitions for lacking merit and awarded no costs. Case-Laws VAT and Sales Tax Fri, 12 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343433