https://www.taxtmi.com/highlights?id=67481 A taxing statute is to be strictly construed. In a taxing statute, one has to look merely what is clearly said in the provision. There is no room for any intendment. There is no equity about a tax. There is no presumption as to tax. Nothing has to be read in, nothing is to be implied. One can look only fairly at the end use - substantial question of law will have to be answered in the negative that is in favour of the appellant revenue and against the respondent. - HC en-us Wed, 04 Jan 2023 08:29:16 +0530 Wed, 04 Jan 2023 08:29:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67481 A taxing statute is to be strictly construed. In a taxing statute, one has to look merely what is clearly said in the provision. There is no room for any intendment. There is no equity about a tax. There is no presumption as to tax. Nothing has to be read in, nothing is to be implied. One can look only fairly at the end use - substantial question of law will have to be answered in the negative that is in favour of the appellant revenue and against the respondent. - HC Highlights Customs Wed, 04 Jan 2023 08:29:16 +0530 https://www.taxtmi.com/highlights?id=67481