https://www.taxtmi.com/caselaws?id=246787 A transformer used in a manufacturing unit was treated as an accessory and component part, or as goods required for use in manufacture, for concessional taxation under Section 4-B of the U.P. Trade Tax Act, 1948. The provision's explanation includes machinery, plant, equipment, spare parts, accessories and components within the goods covered by a recognition certificate. Applying the ordinary meaning of "accessory" as something that aids or supplements the main equipment, the transformer was regarded as necessary for voltage regulation and efficient functioning of the manufacturing machinery. The assessee was therefore entitled to the concessional rate of tax. en-us Thu, 16 Jan 2014 00:00:00 +0530 Tue, 22 Apr 2014 06:41:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246787 A transformer used in a manufacturing unit was treated as an accessory and component part, or as goods required for use in manufacture, for concessional taxation under Section 4-B of the U.P. Trade Tax Act, 1948. The provision's explanation includes machinery, plant, equipment, spare parts, accessories and components within the goods covered by a recognition certificate. Applying the ordinary meaning of "accessory" as something that aids or supplements the main equipment, the transformer was regarded as necessary for voltage regulation and efficient functioning of the manufacturing machinery. The assessee was therefore entitled to the concessional rate of tax. Case-Laws VAT and Sales Tax Thu, 16 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246787