https://www.taxtmi.com/caselaws?id=375763 The court held that traction batteries designed for electrically operated material handling equipments are considered part of the machinery and can be purchased under Form XVII declaration for concession under Section 3(5) of the TNGST Act. The court agreed with the Tribunal's decision on this matter. Additionally, the court upheld the Tribunal's decision to vacate the penalty under Section 16(2) of the Act, finding no turnover escapement and answering substantial questions of law against the Revenue. en-us Thu, 03 Jan 2019 00:00:00 +0530 Mon, 25 Feb 2019 07:40:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375763 The court held that traction batteries designed for electrically operated material handling equipments are considered part of the machinery and can be purchased under Form XVII declaration for concession under Section 3(5) of the TNGST Act. The court agreed with the Tribunal's decision on this matter. Additionally, the court upheld the Tribunal's decision to vacate the penalty under Section 16(2) of the Act, finding no turnover escapement and answering substantial questions of law against the Revenue. Case-Laws VAT and Sales Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375763