https://www.taxtmi.com/caselaws?id=236515 Exemption under Section 4A of the U.P. Trade Tax Act, 1948 is confined to the fixed capital investment and period covered by the eligibility certificate, and exemption provisions must be strictly construed. Where a dealer later installs additional machinery and increases production, the benefit does not automatically extend to turnover from that enhanced production unless a fresh exemption claim is made under the prescribed procedure. Because the petitioners expanded production after the original certificate without obtaining a fresh certificate for the additional investment, they were not entitled to exemption on the resulting turnover, and the departmental circular and connected letter were upheld as consistent with the Act and notifications. en-us Mon, 26 Aug 2013 00:00:00 +0530 Fri, 30 Aug 2013 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236515 Exemption under Section 4A of the U.P. Trade Tax Act, 1948 is confined to the fixed capital investment and period covered by the eligibility certificate, and exemption provisions must be strictly construed. Where a dealer later installs additional machinery and increases production, the benefit does not automatically extend to turnover from that enhanced production unless a fresh exemption claim is made under the prescribed procedure. Because the petitioners expanded production after the original certificate without obtaining a fresh certificate for the additional investment, they were not entitled to exemption on the resulting turnover, and the departmental circular and connected letter were upheld as consistent with the Act and notifications. Case-Laws VAT and Sales Tax Mon, 26 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236515