https://www.taxtmi.com/caselaws?id=233646 An exemption notification issued under a pre-reorganisation industrial policy was treated as continuing in the relevant territory after State reorganisation unless it was lawfully modified, repealed, or altered. The governing principle was that the statutory fiction preserving laws in force immediately before the appointed day also preserves such exemption benefits for the affected area. On that basis, the industrial unit did not lose its accrued sales tax exemption merely because the parent State was reorganised, and the petitioners could claim the benefit for the eligible period. en-us Mon, 16 Jul 2012 00:00:00 +0530 Mon, 05 Jan 2015 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233646 An exemption notification issued under a pre-reorganisation industrial policy was treated as continuing in the relevant territory after State reorganisation unless it was lawfully modified, repealed, or altered. The governing principle was that the statutory fiction preserving laws in force immediately before the appointed day also preserves such exemption benefits for the affected area. On that basis, the industrial unit did not lose its accrued sales tax exemption merely because the parent State was reorganised, and the petitioners could claim the benefit for the eligible period. Case-Laws VAT and Sales Tax Mon, 16 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233646