https://www.taxtmi.com/caselaws?id=375763 Traction batteries specially designed for electrically operated material-handling equipment qualify as parts or accessories of electricity-operated machinery for concessional purchase under the Tamil Nadu General Sales Tax Act. The statutory concession therefore applies where the batteries are designed to form part of such equipment. Penalty is not sustainable where reassessment arises from a bona fide dispute over exemption eligibility or the applicable tax rate and no escapement of turnover is established. The concessional treatment is available and penalty is inapplicable on those facts. 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 Traction batteries specially designed for electrically operated material-handling equipment qualify as parts or accessories of electricity-operated machinery for concessional purchase under the Tamil Nadu General Sales Tax Act. The statutory concession therefore applies where the batteries are designed to form part of such equipment. Penalty is not sustainable where reassessment arises from a bona fide dispute over exemption eligibility or the applicable tax rate and no escapement of turnover is established. The concessional treatment is available and penalty is inapplicable on those facts. Case-Laws VAT and Sales Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375763