https://www.taxtmi.com/caselaws?id=436229 The High Court dismissed the petition challenging the Tax Tribunal's order classifying stainless steel scrap as a non-ferrous alloy taxable at 0.25% under the Entry Tax Act, overturning the revenue's assessment of 2%. The Court clarified that revisional jurisdiction under the VAT Act does not apply to orders under Section 47, upholding the Tribunal's interpretation of the tax statutes without identifying any legal errors. The petitioners' application for rectification was rejected, affirming the Tribunal's decision and dismissing the petition. en-us Mon, 27 Mar 2023 00:00:00 +0530 Sat, 08 Apr 2023 08:45:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436229 The High Court dismissed the petition challenging the Tax Tribunal's order classifying stainless steel scrap as a non-ferrous alloy taxable at 0.25% under the Entry Tax Act, overturning the revenue's assessment of 2%. The Court clarified that revisional jurisdiction under the VAT Act does not apply to orders under Section 47, upholding the Tribunal's interpretation of the tax statutes without identifying any legal errors. The petitioners' application for rectification was rejected, affirming the Tribunal's decision and dismissing the petition. Case-Laws VAT and Sales Tax Mon, 27 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436229