TNGST: Two wheeler fan belts attracts 5% tax & tractor fan belts attracts 3% tax

Saghay Rubber Products Vs Joint Commissioner (Madras High Court) Madras High Court held that two wheeler fan belts falls under entry 30 of Part-C of TNGST Act attracting 5% tax and tractor fan belts are specifically found mentioned under entry 27 of Part-B of TNGST Act attracting 3% tax. Hence, it is not right to invoke general entry 50 to the same. Facts- The appellant is a manufacturer of automobile fan belts and an assessee under the files of the second respondent herein. The dealer was originally assessed for the taxable turnover of “two-wheeler and tractor fan belts” to tax at 5% and...