such product in the market and also in the commercial and trade parlance and such products are known and treated as distinct and different from ... manufactured or not or how they are known in the trade parlance would not be relevant and material. It is an admitted fact that
lead suboxide, and lead monoxide, whose character, use and name in trade parlance were different from pure lead supplied by the petitioner's customers
others, is well known in the market and in commercial and trade parlance is treated as distinct and different from loose tea, having different prices ... given to articles in a fiscal statute must be as people in trade and commerce, conversant with the subject, generally treat and understand them
acting on any mis-appreciation or mistaken view of the trade parlance. It is a well known principle of evidence that all acts are presumed ... given to the trade identity of the product, i.e. how the same is known in the commercial/trade parlance. Once a product made
Government of India, informed the writ petitioner that "in trade parlance if you ask for palm seed we cannot supply palm kernel and vice ... which is commercially a different commodity.
48. In the case of Ganesh Trading Co. v. State of Haryana reported
tariff advice No. 40/79 dated 25.9.1979. In the trade parlance this product is commercially known as stencil paper having a specific function of multiplying ... names as distinct from the name as commercially known in the Trade parlance, but the fact remains that it is a coated variety of paper
seed or the nut is known as pista in common or trade parlance. The same word "pista" is described or defined
Supreme Court
explained the theory of classification on the basis of trade parlance in the following
terms:-
"If there is no meaning attributed ... This principle is well known as
classification on the basis of trade parlance. This is an accepted form of
construction. It is a well known
Supreme Court
explained the theory of classification on the basis of trade parlance in the following
terms:-
"If there is no meaning attributed ... This principle is well known as
classification on the basis of trade parlance. This is an accepted form of
construction. It is a well known
respondents, however, in their affidavit-in-opposition stated that alcohol in trade parlance is commonly known as ethyl alcohol in the absence of any definition