https://www.taxtmi.com/caselaws?id=163300 Conversion of raw rubber latex into centrifuged latex was held not to constitute the manufacturing activity required for exemption under S.R.O. No. 1727/1993 and S.R.O. No. 1728/1993. The statutory scheme and substituted schedule entries treated both products as the same commodity classification, and the exemption was confined to an industrial unit engaged in manufacturing. Commissioner-issued circulars and instructions were binding on the assessing authority, and the assessee's cited decisions were found factually distinguishable. The exemption claim therefore failed. en-us Fri, 08 Jun 2007 00:00:00 +0530 Fri, 28 Mar 2014 17:30:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163300 Conversion of raw rubber latex into centrifuged latex was held not to constitute the manufacturing activity required for exemption under S.R.O. No. 1727/1993 and S.R.O. No. 1728/1993. The statutory scheme and substituted schedule entries treated both products as the same commodity classification, and the exemption was confined to an industrial unit engaged in manufacturing. Commissioner-issued circulars and instructions were binding on the assessing authority, and the assessee's cited decisions were found factually distinguishable. The exemption claim therefore failed. Case-Laws VAT and Sales Tax Fri, 08 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163300