https://www.taxtmi.com/caselaws?id=105972 Raw materials used to manufacture hot mix qualified for concessional treatment under the U.P. Trade Tax Act because the relevant inquiry was their use in producing a notified product, not their eventual deployment in a road works contract. The deemed-sale treatment of goods involved in works contracts under article 366(29A)(b) did not displace the statutory benefit where the recognition certificate covered raw materials for manufacture of hot mix. The Court held that the show cause notice proceeded on an incorrect premise and that the supporting circulars could not override the statutory scheme; the assessee was therefore entitled to the concession and the notice was unsustainable. en-us Wed, 08 Aug 2007 00:00:00 +0530 Mon, 19 May 2014 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105972 Raw materials used to manufacture hot mix qualified for concessional treatment under the U.P. Trade Tax Act because the relevant inquiry was their use in producing a notified product, not their eventual deployment in a road works contract. The deemed-sale treatment of goods involved in works contracts under article 366(29A)(b) did not displace the statutory benefit where the recognition certificate covered raw materials for manufacture of hot mix. The Court held that the show cause notice proceeded on an incorrect premise and that the supporting circulars could not override the statutory scheme; the assessee was therefore entitled to the concession and the notice was unsustainable. Case-Laws VAT and Sales Tax Wed, 08 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105972