https://www.taxtmi.com/caselaws?id=164737 The High Court allowed the writ petition, ruling in favor of the sugar manufacturing company. The assessment order under the OVAT Act was quashed as the assessing authority incorrectly taxed sugarcane used in sugar production, which was exempt under the Act. The court emphasized the need for a correct interpretation of tax laws and directed the Revenue to refund the amount deposited by the petitioner with interest if delayed, within three months. en-us Wed, 05 Aug 2009 00:00:00 +0530 Mon, 03 Nov 2014 19:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164737 The High Court allowed the writ petition, ruling in favor of the sugar manufacturing company. The assessment order under the OVAT Act was quashed as the assessing authority incorrectly taxed sugarcane used in sugar production, which was exempt under the Act. The court emphasized the need for a correct interpretation of tax laws and directed the Revenue to refund the amount deposited by the petitioner with interest if delayed, within three months. Case-Laws VAT and Sales Tax Wed, 05 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164737