https://www.taxtmi.com/caselaws?id=156396 The Court found in favor of the assessee, determining that they were entitled to exemption from purchase tax on the crane bought for lifting granite slabs. The authorities' decision to penalize the assessee under section 10 of the Act was overturned. The Court held that the assessee processed raw granite slabs for sale, making them eligible for the crane purchase under C form. As a result, the revision petition was allowed, penalties were set aside, and any paid amounts were to be refunded or adjusted against other tax liabilities, with no costs awarded. en-us Wed, 19 Sep 1990 00:00:00 +0530 Thu, 19 Sep 2013 12:53:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156396 The Court found in favor of the assessee, determining that they were entitled to exemption from purchase tax on the crane bought for lifting granite slabs. The authorities' decision to penalize the assessee under section 10 of the Act was overturned. The Court held that the assessee processed raw granite slabs for sale, making them eligible for the crane purchase under C form. As a result, the revision petition was allowed, penalties were set aside, and any paid amounts were to be refunded or adjusted against other tax liabilities, with no costs awarded. Case-Laws VAT and Sales Tax Wed, 19 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156396