https://www.taxtmi.com/caselaws?id=160325 Exemption under item No. 3 of Notification IV was upheld for products derived from surplus milk. The assessee's status as an integrated milk project did not, by itself, defeat eligibility for the exemption, because the notification applied where exempt products were shown to arise from utilisation of surplus milk. Regular and large-scale sale of by-products was also insufficient to displace the exemption, since such sales did not necessarily mean the products were not realised from surplus milk. The revision was rejected and the exemption claim sustained. en-us Thu, 29 Jul 1999 00:00:00 +0530 Mon, 16 Dec 2013 12:46:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160325 Exemption under item No. 3 of Notification IV was upheld for products derived from surplus milk. The assessee's status as an integrated milk project did not, by itself, defeat eligibility for the exemption, because the notification applied where exempt products were shown to arise from utilisation of surplus milk. Regular and large-scale sale of by-products was also insufficient to displace the exemption, since such sales did not necessarily mean the products were not realised from surplus milk. The revision was rejected and the exemption claim sustained. Case-Laws VAT and Sales Tax Thu, 29 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160325