https://www.taxtmi.com/caselaws?id=238185 An industrial unit whose exemption under the repealed Uttar Pradesh Trade Tax Act was linked to fixed capital investment could rely on the saving provision in section 81(1)(b) of the Uttar Pradesh Value Added Tax Act to seek continuation of that benefit. Section 42(3)(a) was read to cover units enjoying exemption or tax reduction under the earlier law or a notification issued under it, so rejection of the application for a certificate of entitlement on non-maintainability was not sustainable. The Tribunal's order was set aside and the matter remanded for fresh decision on entitlement. en-us Tue, 20 Aug 2013 00:00:00 +0530 Thu, 17 Oct 2013 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238185 An industrial unit whose exemption under the repealed Uttar Pradesh Trade Tax Act was linked to fixed capital investment could rely on the saving provision in section 81(1)(b) of the Uttar Pradesh Value Added Tax Act to seek continuation of that benefit. Section 42(3)(a) was read to cover units enjoying exemption or tax reduction under the earlier law or a notification issued under it, so rejection of the application for a certificate of entitlement on non-maintainability was not sustainable. The Tribunal's order was set aside and the matter remanded for fresh decision on entitlement. Case-Laws VAT and Sales Tax Tue, 20 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238185