https://www.taxtmi.com/caselaws?id=236603 Sales tax deferral under an incentive scheme was confined to the products covered by the eligibility certificate and incentive agreement, so the benefit could not be extended to sale of steel scrap generated as a by-product. The assessment authorities were bound by the existing certificate, and the petitioner could not enlarge it in writ jurisdiction after accepting its original terms. The refusal by SIPCOT to expand the certificate remained effective, and an earlier direction to reconsider the issue did not amount to authorisation for automatic inclusion of scrap sales. The Madras HC therefore upheld the assessments and rejected the claim for deferral on scrap turnover. en-us Wed, 25 Apr 2012 00:00:00 +0530 Wed, 20 Aug 2014 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236603 Sales tax deferral under an incentive scheme was confined to the products covered by the eligibility certificate and incentive agreement, so the benefit could not be extended to sale of steel scrap generated as a by-product. The assessment authorities were bound by the existing certificate, and the petitioner could not enlarge it in writ jurisdiction after accepting its original terms. The refusal by SIPCOT to expand the certificate remained effective, and an earlier direction to reconsider the issue did not amount to authorisation for automatic inclusion of scrap sales. The Madras HC therefore upheld the assessments and rejected the claim for deferral on scrap turnover. Case-Laws VAT and Sales Tax Wed, 25 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236603