https://www.taxtmi.com/caselaws?id=164085 Section 4A of the U.P. Trade Tax Act, 1948 grants exemption only on turnover of sales made during the notified exemption period. Goods manufactured within that period but sold after its expiry do not retain exemption merely because production occurred earlier. The statutory wording linking relief to sales "during such period" shows that the benefit is confined to sales within the notified window, and the notification did not extend it to closing stock sold later. Accordingly, post-expiry sales of such goods were held taxable and the exemption claim failed. en-us Fri, 01 Aug 2008 00:00:00 +0530 Thu, 17 Apr 2014 14:45:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164085 Section 4A of the U.P. Trade Tax Act, 1948 grants exemption only on turnover of sales made during the notified exemption period. Goods manufactured within that period but sold after its expiry do not retain exemption merely because production occurred earlier. The statutory wording linking relief to sales "during such period" shows that the benefit is confined to sales within the notified window, and the notification did not extend it to closing stock sold later. Accordingly, post-expiry sales of such goods were held taxable and the exemption claim failed. Case-Laws VAT and Sales Tax Fri, 01 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164085