https://www.taxtmi.com/caselaws?id=163492 A new industrial unit eligible for exemption under section 4A was held to have its manufacturing scrap also covered by that exemption. The exemption notification applied to "any goods" manufactured by the unit, and the relevant eligibility regime did not require advance specification of each product. A later circular clarified that exemption extended not only to main products but also to by-products and waste products arising from manufacture. Iron, tin and copper scrap left after cutting sheets for fan manufacture was treated as manufacturing waste or scrap, so its turnover also fell within the unit's exemption. en-us Fri, 28 May 2004 00:00:00 +0530 Thu, 03 Apr 2014 14:43:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163492 A new industrial unit eligible for exemption under section 4A was held to have its manufacturing scrap also covered by that exemption. The exemption notification applied to "any goods" manufactured by the unit, and the relevant eligibility regime did not require advance specification of each product. A later circular clarified that exemption extended not only to main products but also to by-products and waste products arising from manufacture. Iron, tin and copper scrap left after cutting sheets for fan manufacture was treated as manufacturing waste or scrap, so its turnover also fell within the unit's exemption. Case-Laws VAT and Sales Tax Fri, 28 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163492