Manufacture definition expanded to include assembling and recording on information storage devices, widening scope of tax exemption treatment. The amendment expands the statutory meaning of manufacture by providing that it includes any process, assembling, or recording of programmes on discs, tapes, perforated media or other information storage devices, and makes that insertion effective retrospectively, thereby broadening the category of activities captured for the provision's tax treatment.
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Provisions expressly mentioned in the judgment/order text.
Manufacture definition expanded to include assembling and recording on information storage devices, widening scope of tax exemption treatment.
The amendment expands the statutory meaning of manufacture by providing that it includes any process, assembling, or recording of programmes on discs, tapes, perforated media or other information storage devices, and makes that insertion effective retrospectively, thereby broadening the category of activities captured for the provision's tax treatment.
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