https://www.taxtmi.com/caselaws?id=308122 The court allowed the petitions preferred by the assessee, holding that Facsimile Machines (FM) fall under entry 7 of Schedule-IV, taxable at 4%, and confirming that penalties are not applicable in classification disputes. The court dismissed the Revenue's petitions, affirming the classification of Multi Functional Devices (MFD) under "computer peripherals" taxable at 4% and upholding the deletion of penalties. en-us Fri, 26 May 2017 00:00:00 +0530 Wed, 31 May 2023 20:34:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308122 The court allowed the petitions preferred by the assessee, holding that Facsimile Machines (FM) fall under entry 7 of Schedule-IV, taxable at 4%, and confirming that penalties are not applicable in classification disputes. The court dismissed the Revenue's petitions, affirming the classification of Multi Functional Devices (MFD) under "computer peripherals" taxable at 4% and upholding the deletion of penalties. Case-Laws VAT and Sales Tax Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308122