https://www.taxtmi.com/caselaws?id=388575 The High Court dismissed the revision challenging the imposition of a 12.5% tax rate on commodities such as bolders, sand, and pipes. The court held that the deduction rate at source and the commodity tax rate are distinct, and the absence of maintained books of accounts limited the arguments that could be raised. The court emphasized the importance of proper record-keeping for tax compliance and dispute resolution, ultimately finding the revision lacking in merit. en-us Wed, 06 Nov 2019 00:00:00 +0530 Tue, 19 Nov 2019 10:51:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388575 The High Court dismissed the revision challenging the imposition of a 12.5% tax rate on commodities such as bolders, sand, and pipes. The court held that the deduction rate at source and the commodity tax rate are distinct, and the absence of maintained books of accounts limited the arguments that could be raised. The court emphasized the importance of proper record-keeping for tax compliance and dispute resolution, ultimately finding the revision lacking in merit. Case-Laws VAT and Sales Tax Wed, 06 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388575