https://www.taxtmi.com/caselaws?id=163294 A successor-manufacturer that acquires a closed industrial unit in entirety, including land, building, plant and machinery, may claim exemption for the unexpired portion of the earlier eligibility period if it applies within the prescribed time. Section 4A(2B) is read to cover both transferor-based exemption already granted and successor entitlement, and where the former unit had valid eligibility, the competent officer must compute the balance period and issue the certificate without sending the matter for fresh committee reconsideration. Cancellation under section 4A(3) is confined to specified grounds such as misuse, legal error, factual error, breach of conditions, or want of entitlement, after hearing the dealer. en-us Mon, 08 Oct 2007 00:00:00 +0530 Sun, 21 Dec 2014 22:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163294 A successor-manufacturer that acquires a closed industrial unit in entirety, including land, building, plant and machinery, may claim exemption for the unexpired portion of the earlier eligibility period if it applies within the prescribed time. Section 4A(2B) is read to cover both transferor-based exemption already granted and successor entitlement, and where the former unit had valid eligibility, the competent officer must compute the balance period and issue the certificate without sending the matter for fresh committee reconsideration. Cancellation under section 4A(3) is confined to specified grounds such as misuse, legal error, factual error, breach of conditions, or want of entitlement, after hearing the dealer. Case-Laws VAT and Sales Tax Mon, 08 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163294