https://www.taxtmi.com/caselaws?id=161604 A concessional tax provision must be applied strictly according to its wording: under the relevant version of section 5-A of the Karnataka Sales Tax Act, the concession was available only for sale of industrial inputs by a registered dealer to another registered dealer on the prescribed declaration, and not to the purchasing dealer. Because the assessee bought bauxite ore for use as raw material and the goods fell within the Third Schedule, the levy on purchase turnover did not qualify for the concession under section 5-A. The later substitution of section 5-A from 1 April 2002, which expressly extended the benefit to purchases, did not apply to earlier assessment years. en-us Fri, 25 Jul 2003 00:00:00 +0530 Sat, 01 Feb 2014 16:46:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161604 A concessional tax provision must be applied strictly according to its wording: under the relevant version of section 5-A of the Karnataka Sales Tax Act, the concession was available only for sale of industrial inputs by a registered dealer to another registered dealer on the prescribed declaration, and not to the purchasing dealer. Because the assessee bought bauxite ore for use as raw material and the goods fell within the Third Schedule, the levy on purchase turnover did not qualify for the concession under section 5-A. The later substitution of section 5-A from 1 April 2002, which expressly extended the benefit to purchases, did not apply to earlier assessment years. Case-Laws VAT and Sales Tax Fri, 25 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161604