https://www.taxtmi.com/caselaws?id=301142 Failure to apply a binding higher-court ruling on commodity classification constituted a mistake apparent from the record, justifying rectification of the earlier appellate order. The Tribunal treated the omission to follow the controlling decision on margarine as an error capable of correction in rectification proceedings. Applying that ruling, margarine had to be classified as edible oil under the relevant schedule and taxed at 5.5%, not 12.5%. The rectification application therefore succeeded and the earlier order was modified to conform to the binding precedent. en-us Thu, 26 Apr 2018 00:00:00 +0530 Tue, 15 Mar 2022 08:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301142 Failure to apply a binding higher-court ruling on commodity classification constituted a mistake apparent from the record, justifying rectification of the earlier appellate order. The Tribunal treated the omission to follow the controlling decision on margarine as an error capable of correction in rectification proceedings. Applying that ruling, margarine had to be classified as edible oil under the relevant schedule and taxed at 5.5%, not 12.5%. The rectification application therefore succeeded and the earlier order was modified to conform to the binding precedent. Case-Laws VAT and Sales Tax Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301142