Granite stone block and pieces taxable @ 5% under UPVAT

Commissioner Vs Neha Sharma (Allahabad High Court) Introduction: In a landmark decision, the Allahabad High Court clarified the tax classification of granite stone blocks and pieces, bringing relief to dealers across the region. The case, Commissioner Vs Neha Sharma, revolved around the classification of granite stone under Entry No.109 of Schedule II Part A and its applicable tax rate under UPVAT. The ruling sheds light on the legislature’s intention and provides guidance for the interpretation of tax entries concerning stone materials. Detailed Analysis: The heart of the dispute lay in...