Allahabad HC Upholds Tribunal’s Ruling of 5% Sales Tax on Granite Stones

Commissioner Vs Peethambra Granites Pvt Ltd (Allahabad High Court) In a significant legal development, the Allahabad High Court has resolved a taxation dispute related to granite stones by upholding the Tribunal’s ruling. The court dismissed a tax revision petition that questioned the taxation slab for granite, providing clarity on the applicable tax rate. The Allahabad High Court dismissed a tax revision petition filed for the determination of the taxation slab of granite stones. The revision petition was admitted based on the question of law regarding the taxation of granite stone bloc...