https://www.taxtmi.com/caselaws?id=156398 A sales tax exemption for small-scale industry is construed purposively to give a real incentive from the point when the unit begins commercial production. A provisional certificate serves preliminary set-up and financing purposes and does not mark the operational stage for exemption purposes. Because starting the exemption period from the provisional certificate would reduce the promised benefit and defeat the policy objective, the exemption runs from commencement of commercial production unless the statutory language clearly states otherwise. en-us Mon, 26 Feb 1990 00:00:00 +0530 Thu, 19 Sep 2013 13:02:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156398 A sales tax exemption for small-scale industry is construed purposively to give a real incentive from the point when the unit begins commercial production. A provisional certificate serves preliminary set-up and financing purposes and does not mark the operational stage for exemption purposes. Because starting the exemption period from the provisional certificate would reduce the promised benefit and defeat the policy objective, the exemption runs from commencement of commercial production unless the statutory language clearly states otherwise. Case-Laws VAT and Sales Tax Mon, 26 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156398