Emulsified bitumen taxed at 4% under Entry 16, Schedule 2, Part II of Madhya Pradesh VAT Act.

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....Classification of goods - emulsified bitumen - Rate of tax - 12.5% or 4% - Assessee is held liable to a levy 4 per cent tax in terms of the Entry 16, Schedule 2, Part II of the Madhya Pradesh VAT Act for the purpose of levy of VAT for the relevant period. - SC....