https://www.taxtmi.com/caselaws?id=160873 A later industrial incentive policy and the corresponding amendment to the sales tax deferment rules shifted the benefit framework for units set up after 1 April 1996 from incremental production to fixed capital investment. The non obstante clause in rule 4-B was applied to override the earlier scheme under rule 4 and the incremental production formula, so the concession had to be computed under the later regime. Authorities could not import the earlier method to reduce the deferment, and proceedings based on non-filing of returns on that contrary basis were unsustainable. The petitioner was held entitled to sales tax deferment on total production under rule 4-B(1)(ii). en-us Fri, 15 Dec 2000 00:00:00 +0530 Thu, 26 Dec 2013 10:43:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160873 A later industrial incentive policy and the corresponding amendment to the sales tax deferment rules shifted the benefit framework for units set up after 1 April 1996 from incremental production to fixed capital investment. The non obstante clause in rule 4-B was applied to override the earlier scheme under rule 4 and the incremental production formula, so the concession had to be computed under the later regime. Authorities could not import the earlier method to reduce the deferment, and proceedings based on non-filing of returns on that contrary basis were unsustainable. The petitioner was held entitled to sales tax deferment on total production under rule 4-B(1)(ii). Case-Laws VAT and Sales Tax Fri, 15 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160873