M/S. ORIENT TRADERS vs COMMERCIAL TAX OFFICER, TIRUPATI

The Supreme Court upheld the dismissal of the appellant's writ petitions challenging the re-assessment of sales tax under the Andhra Pradesh General Sales Tax Act, 1957. The Court clarified that the reduced sales tax rate under G.O.Ms No. 1092 was applicable only to gold bullion and not to silver bullion, thus affirming the Assessing Officer's decision. The Court emphasized the importance of the statutory interpretation of the G.O. and the availability of alternate remedies under the Act, leading to the conclusion that the High Court's dismissal was justified.