https://www.taxtmi.com/caselaws?id=162789 The court interpreted the deferral scheme for sales tax on products manufactured by industries in backward regions. The petitioner, a company in an industrial park, sought to include income from selling steel scrap under the scheme. The court, considering precedents, broadly interpreted the term "product" to include marketable by-products, quashing the denial of deferral for steel scrap. The first respondent was directed to reconsider and include steel scrap in the eligibility certificate. Each party was to bear their own costs, and the case was closed without further orders. en-us Wed, 13 Sep 2006 00:00:00 +0530 Fri, 14 Mar 2014 12:31:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162789 The court interpreted the deferral scheme for sales tax on products manufactured by industries in backward regions. The petitioner, a company in an industrial park, sought to include income from selling steel scrap under the scheme. The court, considering precedents, broadly interpreted the term "product" to include marketable by-products, quashing the denial of deferral for steel scrap. The first respondent was directed to reconsider and include steel scrap in the eligibility certificate. Each party was to bear their own costs, and the case was closed without further orders. Case-Laws VAT and Sales Tax Wed, 13 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162789