TaxTMI 
TaxTMI 
2014 (2) TMI 1362
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....d learned counsel for the parties. These revision petitions are placed before us for admission. By consent, they are heard for final disposal at this stage. Learned Counsel appearing for the respondent, at the outset, invites our attention to a recent judgment of the Supreme Court in Larsen & Toubro Limited and another v. State of Karnataka and another, 2013 (77) KLJ 177 and submits that the princ....
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....ibunal was justified in holding that Iron and Steel used by the Respondent for the execution of works contract being transferred not as goods but in some other form should be taxed at 4% and not 12.5% especially in the light of the ratio of the Apex Court in Builders Association case as reported in (1993) 88 STC 248 ? 2. On the facts and in the circumstances of the case, and in law whether the T....
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..../2011 and connected revision petitions is identical and is answered by the Division Bench against the petitioner-State and in favour of the respondent-assessee. 6. In the circumstances, we answer the first question, in view of the judgment of this Court in STRP 240/11 and connected revision petitions, decided on 10.12.2013, in favour of the respondent-assessee and against the petitioner-State. 7....