Sale Of Liquid Carbon Dioxide Is Liable To Be Taxed At 5%: Andhra Pradesh High Court

In a significant decision regarding tax classification, the Andhra Pradesh High Court ruled that liquid carbon dioxide is liable to be taxed at 5% under Entry 100(190) of Schedule-IV to the Andhra Pradesh Value Added Tax Act, 2005, and not at 14.5% as proposed by the tax authorities. The ruling was delivered by a bench comprising Justice R. Raghunandan Rao and Justice K. Manmadha Rao in WRIT PETITION NO: 12529/2024.…