https://www.taxtmi.com/caselaws?id=200084 Dealers who had opted for compounding under the Kerala VAT Act were not liable to separate assessment of M-sand produced in the same manufacturing process merely because VSI/HSI machines were also used. The compounding scheme taxed only the specified crushing machines relevant for computing compounded tax, and the exemption from separate assessment extended to M-sand produced during that process. A later amendment prescribing specific rates for VSI/HSI machines was held substantive and prospective, confirming that those machines were not covered for the earlier period. The demand notices and assessment orders were quashed, and the dealers were held entitled to compounding without separate assessment of the M-sand. en-us Fri, 06 Mar 2015 00:00:00 +0530 Tue, 20 Mar 2018 07:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200084 Dealers who had opted for compounding under the Kerala VAT Act were not liable to separate assessment of M-sand produced in the same manufacturing process merely because VSI/HSI machines were also used. The compounding scheme taxed only the specified crushing machines relevant for computing compounded tax, and the exemption from separate assessment extended to M-sand produced during that process. A later amendment prescribing specific rates for VSI/HSI machines was held substantive and prospective, confirming that those machines were not covered for the earlier period. The demand notices and assessment orders were quashed, and the dealers were held entitled to compounding without separate assessment of the M-sand. Case-Laws VAT and Sales Tax Fri, 06 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200084