https://www.taxtmi.com/caselaws?id=157942 Fiscal exemptions must be read strictly, and a notification exempting tax payable on goods manufactured and sold by new industrial units does not extend by implication to purchase tax on raw materials. The Karnataka HC noted that the language of the notification was clear and could not be widened to create a second stage of exemption not expressed in the text. The earlier cashew decision was distinguished because, on its special facts, the exemption would otherwise have been illusory. Here, the notification was confined to manufactured goods, so purchase tax on raw materials remained payable. en-us Thu, 27 Oct 1994 00:00:00 +0530 Mon, 14 Oct 2013 12:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157942 Fiscal exemptions must be read strictly, and a notification exempting tax payable on goods manufactured and sold by new industrial units does not extend by implication to purchase tax on raw materials. The Karnataka HC noted that the language of the notification was clear and could not be widened to create a second stage of exemption not expressed in the text. The earlier cashew decision was distinguished because, on its special facts, the exemption would otherwise have been illusory. Here, the notification was confined to manufactured goods, so purchase tax on raw materials remained payable. Case-Laws VAT and Sales Tax Thu, 27 Oct 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157942