https://www.taxtmi.com/caselaws?id=160805 Mould testing equipment used in manufacture was treated as includible in eligible fixed capital investment for computing exemption under the Rajasthan Sales Tax Incentive Scheme, 1987. The scheme linked exemption to the extent of eligible fixed capital investment, and the exclusion based on an earlier administrative circular was displaced by a later circular that included tools, jigs, dyes and moulds with machinery. The equipment was regarded as essential to the plant and machinery and within the ordinary meaning of "plant", being apparatus used in carrying on the business rather than stock-in-trade. en-us Fri, 26 Apr 2002 00:00:00 +0530 Tue, 24 Dec 2013 18:15:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160805 Mould testing equipment used in manufacture was treated as includible in eligible fixed capital investment for computing exemption under the Rajasthan Sales Tax Incentive Scheme, 1987. The scheme linked exemption to the extent of eligible fixed capital investment, and the exclusion based on an earlier administrative circular was displaced by a later circular that included tools, jigs, dyes and moulds with machinery. The equipment was regarded as essential to the plant and machinery and within the ordinary meaning of "plant", being apparatus used in carrying on the business rather than stock-in-trade. Case-Laws VAT and Sales Tax Fri, 26 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160805