https://www.taxtmi.com/caselaws?id=105468 The SC set aside the HC's order granting tax exemptions to the respondent, holding the respondent failed to satisfy the statutory conditions for classifying a pipeline industry as a new industrial unit and thus was not entitled to exemption from sales tax on raw materials or finished goods. The Court emphasized that exemption provisions in taxing statutes must be strictly construed, and non-compliance with prescribed requirements warranted dismissal of the writ petition. The retrospective amendments and three stipulated conditions for pipeline industries under the policy and notifications could not be ignored, so the HC's grant of relief was overturned. en-us Wed, 17 Nov 2004 00:00:00 +0530 Tue, 23 Sep 2025 13:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105468 The SC set aside the HC's order granting tax exemptions to the respondent, holding the respondent failed to satisfy the statutory conditions for classifying a pipeline industry as a new industrial unit and thus was not entitled to exemption from sales tax on raw materials or finished goods. The Court emphasized that exemption provisions in taxing statutes must be strictly construed, and non-compliance with prescribed requirements warranted dismissal of the writ petition. The retrospective amendments and three stipulated conditions for pipeline industries under the policy and notifications could not be ignored, so the HC's grant of relief was overturned. Case-Laws VAT / Sales Tax Wed, 17 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105468