https://www.taxtmi.com/caselaws?id=193478 The court upheld the classification of Dr. Fixit Series products under Schedule-V of the Rajasthan Value Added Tax Act, 2003, taxing them at 12.5%. Despite the assessee's arguments and reliance on test reports, the court determined that the products did not qualify as "industrial inputs" under Schedule-IV but rather as end products used in construction. The penalty under Section 61 was initially imposed but later deleted by the Tax Board due to lack of evidence of intentional tax evasion. Ultimately, the court ruled in favor of the Revenue, affirming the lower authorities' decisions. en-us Thu, 13 Apr 2017 00:00:00 +0530 Mon, 28 Aug 2017 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193478 The court upheld the classification of Dr. Fixit Series products under Schedule-V of the Rajasthan Value Added Tax Act, 2003, taxing them at 12.5%. Despite the assessee's arguments and reliance on test reports, the court determined that the products did not qualify as "industrial inputs" under Schedule-IV but rather as end products used in construction. The penalty under Section 61 was initially imposed but later deleted by the Tax Board due to lack of evidence of intentional tax evasion. Ultimately, the court ruled in favor of the Revenue, affirming the lower authorities' decisions. Case-Laws VAT and Sales Tax Thu, 13 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193478