Court Rules 4% Tax Rate for Paraffin Wax Under Entry No. 120 Prevails Over General 20% Rate in Entry No. 1(ix).

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....Rate of tax applied to Paraffin wax manufactured and sold by appellant - 4% or 20% - Entry No. 120 of 3rd Schedule is a specific Entry and Entry No. 1(ix) of 4th Schedule is a general Entry - prima facie rate of tax is 4% - HC....