https://www.taxtmi.com/caselaws?id=346241 The High Court allowed the appeal, determining that the Appellant was entitled to VAT exemption for demo cars under Section 6(3) of the DVAT Act. The Court held that the demo cars qualified as capital goods, the Appellant complied with all exemption conditions, and non-disclosure in tax returns did not impact eligibility. The orders of the Objection Hearing Authority and Appellate Tribunal were set aside due to lack of credible evidence showing misuse of the exemption provision. The appeal was allowed with no costs awarded. en-us Tue, 02 May 2017 00:00:00 +0530 Fri, 31 Aug 2018 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346241 The High Court allowed the appeal, determining that the Appellant was entitled to VAT exemption for demo cars under Section 6(3) of the DVAT Act. The Court held that the demo cars qualified as capital goods, the Appellant complied with all exemption conditions, and non-disclosure in tax returns did not impact eligibility. The orders of the Objection Hearing Authority and Appellate Tribunal were set aside due to lack of credible evidence showing misuse of the exemption provision. The appeal was allowed with no costs awarded. Case-Laws VAT and Sales Tax Tue, 02 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346241