https://www.taxtmi.com/caselaws?id=160048 The court upheld the Joint Commissioner's decision to reject the petitioner's application for tax exemption under the Industrial Policy, 1995. Despite the petitioner's claims of establishing a new industrial unit, the court found that the unit's history of ownership continuity with a previous defaulter rendered it ineligible for exemption. The court emphasized the similarities in manufacturing processes and equipment, concluding that the unit did not meet the criteria for a new unit as defined by the policy. As a result, the application for tax exemption was denied, and no costs were awarded to the petitioner. en-us Thu, 19 Mar 1998 00:00:00 +0530 Sat, 07 Dec 2013 16:15:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160048 The court upheld the Joint Commissioner's decision to reject the petitioner's application for tax exemption under the Industrial Policy, 1995. Despite the petitioner's claims of establishing a new industrial unit, the court found that the unit's history of ownership continuity with a previous defaulter rendered it ineligible for exemption. The court emphasized the similarities in manufacturing processes and equipment, concluding that the unit did not meet the criteria for a new unit as defined by the policy. As a result, the application for tax exemption was denied, and no costs were awarded to the petitioner. Case-Laws VAT and Sales Tax Thu, 19 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160048