Supreme Court of India · 2022-12-02
STATE OF JHARKHAND AND ORS. ETC vs LINDE INDIA LTD AND ANR ETC
- Citation / case number
- SC 2016/2821
- Court
- Supreme Court of India
- Petitioner
- STATE OF JHARKHAND AND ORS. ETC
- Respondent
- LINDE INDIA LTD AND ANR ETC
- Author
- HON'BLE MR. JUSTICE M.R. SHAH
- Bench
- HON'BLE MR. JUSTICE C.T. RAVIKUMAR HON'BLE MR. JUSTICE M.R. SHAH
Judgment text excerpt
The Supreme Court reversed the High Court's decision that had quashed the Commercial Taxes Tribunal's order regarding the tax rate applicable to oxygen as a raw material. The court held that oxygen used in steel production qualifies for a concessional tax rate of 2% under the Bihar Finance Act, 1981, thereby affirming the concurrent findings of the tax authorities. The appeal by the State of Jharkhand was allowed, reinstating the original tax assessment.