https://www.taxtmi.com/caselaws?id=105572 Under section 4-A and the 27 July 1991 exemption notification, expansion benefits are confined to the additional fixed capital investment attributable to each expansion, not the aggregate of original and additional investment. The record supported three separate expansions rather than one integrated project, because the contemporaneous documentation showed distinct licences, financing, correspondence and applications. The definition of fixed capital investment is exhaustive and excludes disputed pre-operative expenses such as interest, rights issue expenses, foreign technicians' expenses and foreign travel expenses. Non-collection of tax from customers does not defeat the dealer's primary liability where exemption is not legally admissible. en-us Tue, 12 Jul 2005 00:00:00 +0530 Fri, 10 Jul 2015 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105572 Under section 4-A and the 27 July 1991 exemption notification, expansion benefits are confined to the additional fixed capital investment attributable to each expansion, not the aggregate of original and additional investment. The record supported three separate expansions rather than one integrated project, because the contemporaneous documentation showed distinct licences, financing, correspondence and applications. The definition of fixed capital investment is exhaustive and excludes disputed pre-operative expenses such as interest, rights issue expenses, foreign technicians' expenses and foreign travel expenses. Non-collection of tax from customers does not defeat the dealer's primary liability where exemption is not legally admissible. Case-Laws VAT and Sales Tax Tue, 12 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105572