https://www.taxtmi.com/caselaws?id=164777 A new industrial unit was held to have started production within the statutory meaning of Explanation (3) to section 4A of the U.P. Trade Tax Act before the cut-off date, because the evidence showed land purchase, construction, raw material procurement and generator installation were completed by 31 March 1995. The court treated the relevant date as the artificial statutory date of starting production, not the date of actual commercial output. As the factual record satisfied the statutory conditions, the assessee was entitled to the incentive notification and issuance of the eligibility certificate, and the Tribunal's contrary view rested on an erroneous understanding of the production date. en-us Tue, 28 Apr 2009 00:00:00 +0530 Mon, 10 Nov 2014 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164777 A new industrial unit was held to have started production within the statutory meaning of Explanation (3) to section 4A of the U.P. Trade Tax Act before the cut-off date, because the evidence showed land purchase, construction, raw material procurement and generator installation were completed by 31 March 1995. The court treated the relevant date as the artificial statutory date of starting production, not the date of actual commercial output. As the factual record satisfied the statutory conditions, the assessee was entitled to the incentive notification and issuance of the eligibility certificate, and the Tribunal's contrary view rested on an erroneous understanding of the production date. Case-Laws VAT and Sales Tax Tue, 28 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164777