Gypsum boards taxable at 4 % as per amended Entry 56 of Schedule IV to Rajasthan VAT

Lohiya Agencies Vs Additional Commissioner (Legal) (Supreme Court of India)

Conclusion: Gypsum boards would be taxable at 4 percent as per amended Entry 56 of Schedule IV instead of residuary Entry 1 of Schedule V at 12.5% Under the Rajasthan Value Added Tax Act, 2003.

Held: M/s. I

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