https://www.taxtmi.com/caselaws?id=158107 Tax exemption for a newly set up small-scale industrial unit requires strict compliance with the registration condition during the relevant period. A registration certificate is not a mere formality if it does not cover the same period, factory location, and goods manufactured, and a later permanent certificate cannot retrospectively satisfy a materially different earlier provisional certificate. The exemption also depends on maintaining separate accounts and supporting production and stock records so exempt sales can be identified and earlier job-work activity distinguished from later factory production. On that basis, non-compliance with both the registration and record-keeping requirements defeats the claim for the disputed period. en-us Mon, 06 Apr 1992 00:00:00 +0530 Wed, 16 Oct 2013 18:09:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158107 Tax exemption for a newly set up small-scale industrial unit requires strict compliance with the registration condition during the relevant period. A registration certificate is not a mere formality if it does not cover the same period, factory location, and goods manufactured, and a later permanent certificate cannot retrospectively satisfy a materially different earlier provisional certificate. The exemption also depends on maintaining separate accounts and supporting production and stock records so exempt sales can be identified and earlier job-work activity distinguished from later factory production. On that basis, non-compliance with both the registration and record-keeping requirements defeats the claim for the disputed period. Case-Laws VAT and Sales Tax Mon, 06 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158107