https://www.taxtmi.com/caselaws?id=160487 Exemption notifications under the Tamil Nadu General Sales Tax Act are concessional and must be strictly construed, so an amended turnover ceiling applies to the assessment of the entire financial year. Because assessment is made for the full financial year, turnover earned before the amendment cannot be ignored when testing compliance with the revised limit. Once the dealer's total annual turnover of bakery products exceeded the amended ceiling, the exemption could not be allowed for the year. The Revenue's view therefore prevailed, and the exemption orders were set aside with the assessment restored. en-us Fri, 26 Mar 1999 00:00:00 +0530 Wed, 18 Dec 2013 18:41:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160487 Exemption notifications under the Tamil Nadu General Sales Tax Act are concessional and must be strictly construed, so an amended turnover ceiling applies to the assessment of the entire financial year. Because assessment is made for the full financial year, turnover earned before the amendment cannot be ignored when testing compliance with the revised limit. Once the dealer's total annual turnover of bakery products exceeded the amended ceiling, the exemption could not be allowed for the year. The Revenue's view therefore prevailed, and the exemption orders were set aside with the assessment restored. Case-Laws VAT and Sales Tax Fri, 26 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160487