https://www.taxtmi.com/caselaws?id=344567 Interpretation of the sales tax deferral scheme in expansion cases required the benefit to be allowed once actual production exceeded the base production volume. The earlier Division Bench ruling, affirmed by the Supreme Court, stated that deferral could not be denied where sales exceeded the base sales volume or base production volume, whichever occurred first. A departmental circular issued under Section 28A of the Tamil Nadu General Sales Tax Act clarified that the benefit operates from the date the BPV or BSV is reached, and such circulars bind departmental authorities. On that basis, the assessee was held entitled to the deferral benefit and the denial in assessment was unsustainable. en-us Mon, 27 Mar 2017 00:00:00 +0530 Wed, 21 Jun 2017 09:19:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344567 Interpretation of the sales tax deferral scheme in expansion cases required the benefit to be allowed once actual production exceeded the base production volume. The earlier Division Bench ruling, affirmed by the Supreme Court, stated that deferral could not be denied where sales exceeded the base sales volume or base production volume, whichever occurred first. A departmental circular issued under Section 28A of the Tamil Nadu General Sales Tax Act clarified that the benefit operates from the date the BPV or BSV is reached, and such circulars bind departmental authorities. On that basis, the assessee was held entitled to the deferral benefit and the denial in assessment was unsustainable. Case-Laws VAT and Sales Tax Mon, 27 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344567