Shivamoni Steel Tubes Limited vs Joint Commissioner Of Commercial Taxes ... on 29 September, 1997
12. In our opinion, the said decisions have no bearing on the concept and true construction of the word "rate" in the context of section 8(2A) of the Central Act. In the said decisions, it was held that keeping in view the provisions contained in section 15(c) of the Central Act, the tax leviable under that Act on rice procured out of such paddy and sold in the course of inter-State trade or commerce has to be reduced by the amount of tax levied on such paddy by the State law. On the other hand, in the case of Sri Ganesh Trading Company v. State of A.P. [1988] 71 STC 431 a Division Bench of the same High Court has given the same meaning to the expression "rate" as has been inferred by us and has distinguished the earlier judgment of the court by holding that -