https://www.taxtmi.com/caselaws?id=274227 The court allowed the petitions, overturning the Tax Board's decision and concluding that "Gypsum Board" is covered under entry 56 of Schedule (IV) as "Gypsum in all its form," warranting a lower tax rate of 4%. The court emphasized the common parlance test and popular understanding in interpreting tax entries, determining that the manufacturing process and composition of "Gypsum Board" align with the classification under entry 56. en-us Fri, 03 Feb 2017 00:00:00 +0530 Fri, 03 Aug 2018 07:56:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274227 The court allowed the petitions, overturning the Tax Board's decision and concluding that "Gypsum Board" is covered under entry 56 of Schedule (IV) as "Gypsum in all its form," warranting a lower tax rate of 4%. The court emphasized the common parlance test and popular understanding in interpreting tax entries, determining that the manufacturing process and composition of "Gypsum Board" align with the classification under entry 56. Case-Laws VAT and Sales Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274227