https://www.taxtmi.com/caselaws?id=153604 Section 4-A exemption under the U.P. Sales Tax Act attached to the goods of a new industrial unit, not to the personal identity of the partners or dealer. Where a partnership firm running the unit was reconstituted during the exemption period, the benefit continued if the original industrial unit remained in existence and there was no proof that a new unit had been formed or the earlier unit had ceased. The provision was construed in light of its industrial development purpose, so reconstitution alone did not break continuity of the exemption. The exemption was therefore available to the reconstituted firm. en-us Fri, 07 Jan 1983 00:00:00 +0530 Thu, 25 Jul 2013 16:47:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153604 Section 4-A exemption under the U.P. Sales Tax Act attached to the goods of a new industrial unit, not to the personal identity of the partners or dealer. Where a partnership firm running the unit was reconstituted during the exemption period, the benefit continued if the original industrial unit remained in existence and there was no proof that a new unit had been formed or the earlier unit had ceased. The provision was construed in light of its industrial development purpose, so reconstitution alone did not break continuity of the exemption. The exemption was therefore available to the reconstituted firm. Case-Laws VAT and Sales Tax Fri, 07 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153604