https://www.taxtmi.com/caselaws?id=278949 The court ruled in favor of the petitioners, determining that the "Shell and Slide Machine" should be classified as machinery under Entry 50 of Schedule H to the Bombay Municipal Corporation Act. The court directed the respondents to apply an octroi rate of 2% ad valorem instead of the initially charged 4% rate under Entry 52. The petitioners were entitled to a refund of the excess amount paid, with interest at a rate of 15% per annum. The court allowed the writ petition, making the rule absolute and issued no order as to costs. en-us Tue, 10 Aug 1993 00:00:00 +0530 Tue, 26 Feb 2019 15:52:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278949 The court ruled in favor of the petitioners, determining that the "Shell and Slide Machine" should be classified as machinery under Entry 50 of Schedule H to the Bombay Municipal Corporation Act. The court directed the respondents to apply an octroi rate of 2% ad valorem instead of the initially charged 4% rate under Entry 52. The petitioners were entitled to a refund of the excess amount paid, with interest at a rate of 15% per annum. The court allowed the writ petition, making the rule absolute and issued no order as to costs. Case-Laws Indian Laws Tue, 10 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278949