https://www.taxtmi.com/caselaws?id=156088 A limited sales tax exemption for small-scale industrial units does not mean their finished products are not liable to tax under the Act. The proviso to the concessional-rate provision applies only where the finished products are genuinely not liable to tax under the Kerala General Sales Tax Act or the Central Sales Tax Act, or where they are exported. Because the statutory test is tax liability, not merely tax payable, the concession for industrial raw materials and component parts remains available. The limited exemption under S.R.O. No. 968 of 1980 therefore does not defeat entitlement to the concessional rate. en-us Tue, 08 Aug 1989 00:00:00 +0530 Fri, 13 Sep 2013 14:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156088 A limited sales tax exemption for small-scale industrial units does not mean their finished products are not liable to tax under the Act. The proviso to the concessional-rate provision applies only where the finished products are genuinely not liable to tax under the Kerala General Sales Tax Act or the Central Sales Tax Act, or where they are exported. Because the statutory test is tax liability, not merely tax payable, the concession for industrial raw materials and component parts remains available. The limited exemption under S.R.O. No. 968 of 1980 therefore does not defeat entitlement to the concessional rate. Case-Laws VAT and Sales Tax Tue, 08 Aug 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156088