https://www.taxtmi.com/caselaws?id=162586 Exemption under section 4A of the U.P. Trade Tax Act, 1948 applied only to turnover of sales made within the notified exemption period, so goods manufactured during that period but sold after expiry did not qualify for exemption. The plain language of the notification could not be extended beyond the period fixed in the eligibility certificate, and the post-expiry sales were taxable. Once tax became payable on those sales and remained unpaid, interest under section 8(1) followed because the default was not shown to be a bona fide dispute. The revision therefore failed and both tax and interest were sustained. en-us Tue, 29 Aug 2006 00:00:00 +0530 Mon, 10 Mar 2014 16:09:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162586 Exemption under section 4A of the U.P. Trade Tax Act, 1948 applied only to turnover of sales made within the notified exemption period, so goods manufactured during that period but sold after expiry did not qualify for exemption. The plain language of the notification could not be extended beyond the period fixed in the eligibility certificate, and the post-expiry sales were taxable. Once tax became payable on those sales and remained unpaid, interest under section 8(1) followed because the default was not shown to be a bona fide dispute. The revision therefore failed and both tax and interest were sustained. Case-Laws VAT and Sales Tax Tue, 29 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162586