https://www.taxtmi.com/caselaws?id=160868 A later incentive framework under the 1996 Policy replaced the earlier incremental-production scheme by linking sales tax exemption to additional fixed capital investment. Rule 4-B, inserted to implement that policy, operated with a non obstante clause and could not be led by rule 4(3) and rule 4(4) of the 1991 Rules. On that basis, incremental production could not be used to deny exemption under the 1996 Policy, and a certificate condition requiring separate accounts for the existing and expansion units was invalid because it conflicted with the governing policy and rules. en-us Sat, 06 Oct 2001 00:00:00 +0530 Wed, 25 Dec 2013 17:24:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160868 A later incentive framework under the 1996 Policy replaced the earlier incremental-production scheme by linking sales tax exemption to additional fixed capital investment. Rule 4-B, inserted to implement that policy, operated with a non obstante clause and could not be led by rule 4(3) and rule 4(4) of the 1991 Rules. On that basis, incremental production could not be used to deny exemption under the 1996 Policy, and a certificate condition requiring separate accounts for the existing and expansion units was invalid because it conflicted with the governing policy and rules. Case-Laws VAT and Sales Tax Sat, 06 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160868