S. ANANDA REDDY, J.

( 1 ) THIS writ petition is filed praying for the issue of writ of certiorari or any other appropriate writ or order and quash the revised assessment proceedings in g. I. NO. 6791/94-95, dated 10-12-1996 after calling for the records relating to the said revised proceedings.

( 2 ) IT is stated that the petitioner was carrying on business in silver as a registered dealer on the rolls of the respondents. Bullion and Specie are taxable at the rate of 2% with effect from 8-7-1983 under item 20 of the first Schedule of Andhra Pradesh general Sales Tax Act, 1957 (hereinafter referred to as the APGST Act ). Same rate is also applicable under item 21, with reference to the articles and jewellery made of bullion and/or specie or both, excluding precious stones. It is also stated that explanation-1 to the said Schedule defines bullion as pure gold or silver and includes gold or silver mixed with copper, led or any other kind of base metal. While so, the government of Andhra Pradesh issued g. O. Ms. No. 1092 dated 31st October 1994 under Section 9 (1) of the APGST Act reducing the net rate of Sales-tax to 1/2 per cent on sale of bullion and specie (Gold ). The APGST Act

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