https://www.taxtmi.com/caselaws?id=167862 Once a new industrial unit is found entitled to exemption under section 4A of the U.P. Trade Tax Act, 1948, the statutory exemption period cannot be reduced merely because registration under the Factories Act was obtained later. The relevant exemption period runs according to the statutory scheme from the date of first sale or production, as applicable, and later compliance with factory registration does not authorise curtailment of that period. The curtailment was therefore held unsustainable on the facts and statutory framework considered. en-us Fri, 18 Jan 2013 00:00:00 +0530 Sat, 03 Jan 2015 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167862 Once a new industrial unit is found entitled to exemption under section 4A of the U.P. Trade Tax Act, 1948, the statutory exemption period cannot be reduced merely because registration under the Factories Act was obtained later. The relevant exemption period runs according to the statutory scheme from the date of first sale or production, as applicable, and later compliance with factory registration does not authorise curtailment of that period. The curtailment was therefore held unsustainable on the facts and statutory framework considered. Case-Laws VAT and Sales Tax Fri, 18 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167862