https://www.taxtmi.com/caselaws?id=162432 The court directed the petitioner to file a representation for fresh consideration of the exemption claim regarding sales tax on Extra Neutral Alcohol under the Industrial Policy Resolution. The previous orders rejecting the claim were set aside, emphasizing the need for a positive interpretation of the Industrial Policy to benefit industrial units. The petitioner's eligibility for exemption based on fixed capital investment and incremental production capacity was highlighted, stressing the importance of a fair assessment by the competent authority. en-us Tue, 02 Apr 2002 00:00:00 +0530 Wed, 26 Feb 2014 16:01:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162432 The court directed the petitioner to file a representation for fresh consideration of the exemption claim regarding sales tax on Extra Neutral Alcohol under the Industrial Policy Resolution. The previous orders rejecting the claim were set aside, emphasizing the need for a positive interpretation of the Industrial Policy to benefit industrial units. The petitioner's eligibility for exemption based on fixed capital investment and incremental production capacity was highlighted, stressing the importance of a fair assessment by the competent authority. Case-Laws VAT and Sales Tax Tue, 02 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162432