https://www.taxtmi.com/caselaws?id=156095 Sales of rayon yarn waste and staple fibre waste arising in the course of manufacture were held not exigible to tax under the Central Sales Tax Act, 1956 for the relevant assessment years. The Tribunal treated the goods as subsidiary by-products and relied on the absence, during that period, of any definition of "business" in the Central Act, while the Tamil Nadu General Sales Tax Act, 1959 had an expanded definition. The Madras HC accepted that the Revenue's earlier authorities did not displace that conclusion on the facts and legal setting governing the assessment years. The sales were therefore not liable to tax under the Central Sales Tax Act, 1956. en-us Wed, 21 Jan 1987 00:00:00 +0530 Fri, 13 Sep 2013 15:32:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156095 Sales of rayon yarn waste and staple fibre waste arising in the course of manufacture were held not exigible to tax under the Central Sales Tax Act, 1956 for the relevant assessment years. The Tribunal treated the goods as subsidiary by-products and relied on the absence, during that period, of any definition of "business" in the Central Act, while the Tamil Nadu General Sales Tax Act, 1959 had an expanded definition. The Madras HC accepted that the Revenue's earlier authorities did not displace that conclusion on the facts and legal setting governing the assessment years. The sales were therefore not liable to tax under the Central Sales Tax Act, 1956. Case-Laws VAT and Sales Tax Wed, 21 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156095