M/S PANDIJAREKARA AGENCIES LIMITED vs STATE OF KERALA

The Supreme Court addressed the issue of tax exemption under the Kerala General Sales Tax Act, 1963, specifically regarding the classification of centrifuged latex and field latex. The Court held that the Assessing Authority's inconsistent stance on the classification of these commodities was erroneous, emphasizing that the exemption under Government Notification SRO No. 1003/91 and SRO No. 1727/93 should be granted if the product meets the definition of 'goods'. The appeals were allowed, overturning the High Court's dismissal of the revisions.