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    <title>2020 (8) TMI 687 - MADRAS HIGH COURT</title>
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    <description>The High Court dismissed the writ petition filed by the assessee, ruling that REP licenses are classified as &#039;goods&#039; for taxation purposes under the Sales Tax Law. The Court emphasized the intrinsic value and marketability of REP licenses, distinguishing them from other non-goods claims. The decision reiterated that previous legal judgments supported the classification of REP licenses as goods, extending the same principles to DEPB licenses.</description>
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      <description>The High Court dismissed the writ petition filed by the assessee, ruling that REP licenses are classified as &#039;goods&#039; for taxation purposes under the Sales Tax Law. The Court emphasized the intrinsic value and marketability of REP licenses, distinguishing them from other non-goods claims. The decision reiterated that previous legal judgments supported the classification of REP licenses as goods, extending the same principles to DEPB licenses.</description>
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