https://www.taxtmi.com/caselaws?id=158493 The Tribunal ruled in favor of the petitioner, reinstating their eligibility for the Interest Free Sales Tax Deferral Scheme. The decision overturned the Deputy Commercial Tax Officer's orders that alleged ineligibility based on a misinterpretation of production cessation and the type of products manufactured. The Tribunal emphasized the importance of maintaining normal production to ensure the viability of new industries and clarified that the scheme does not restrict the type of products manufactured by the unit. The judgment focused on supporting new industries for sustained growth and tax recovery, ultimately allowing the petitioner to benefit from the scheme. en-us Wed, 31 Jan 1996 00:00:00 +0530 Tue, 29 Oct 2013 16:42:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158493 The Tribunal ruled in favor of the petitioner, reinstating their eligibility for the Interest Free Sales Tax Deferral Scheme. The decision overturned the Deputy Commercial Tax Officer's orders that alleged ineligibility based on a misinterpretation of production cessation and the type of products manufactured. The Tribunal emphasized the importance of maintaining normal production to ensure the viability of new industries and clarified that the scheme does not restrict the type of products manufactured by the unit. The judgment focused on supporting new industries for sustained growth and tax recovery, ultimately allowing the petitioner to benefit from the scheme. Case-Laws VAT and Sales Tax Wed, 31 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158493