https://www.taxtmi.com/caselaws?id=41702 Cycle dynamo lighting sets were treated as "cycle parts" for exemption under the central excise notification. Because "cycle and parts thereof" was not defined, the court applied the popular and commercial meaning rather than a narrow technical construction. It relied on surrounding notifications, circulars, industry publications and trade usage showing that dynamo lamps and lighting sets were understood as bicycle components, not mere accessories. Applying the rule that a reasonable ambiguity in a taxing statute must be resolved in favour of the taxpayer, the court concluded that the lighting sets qualified as cycle parts and were entitled to exemption. en-us Fri, 23 Sep 1983 00:00:00 +0530 Sat, 05 Jun 2010 14:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41702 Cycle dynamo lighting sets were treated as "cycle parts" for exemption under the central excise notification. Because "cycle and parts thereof" was not defined, the court applied the popular and commercial meaning rather than a narrow technical construction. It relied on surrounding notifications, circulars, industry publications and trade usage showing that dynamo lamps and lighting sets were understood as bicycle components, not mere accessories. Applying the rule that a reasonable ambiguity in a taxing statute must be resolved in favour of the taxpayer, the court concluded that the lighting sets qualified as cycle parts and were entitled to exemption. Case-Laws Central Excise Fri, 23 Sep 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41702