https://www.taxtmi.com/caselaws?id=377459 The Madras HC held that sale of scrap generated as a by-product in the manufacturing process could qualify for sales tax deferral under the industrial incentive scheme where the term "product" was construed purposively. A manufactured by-product that is a distinct commercial commodity is not excluded merely because it is not the principal output. The Court noted that the earlier order in the appellant's own matter had already required reconsideration on the basis that steel scrap formed part of "product" for the eligibility certificate. The restrictive view limiting the benefit to principal manufactured goods was unsustainable, and the denial of deferral was rejected. en-us Thu, 03 Jan 2019 00:00:00 +0530 Sat, 30 Mar 2019 06:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377459 The Madras HC held that sale of scrap generated as a by-product in the manufacturing process could qualify for sales tax deferral under the industrial incentive scheme where the term "product" was construed purposively. A manufactured by-product that is a distinct commercial commodity is not excluded merely because it is not the principal output. The Court noted that the earlier order in the appellant's own matter had already required reconsideration on the basis that steel scrap formed part of "product" for the eligibility certificate. The restrictive view limiting the benefit to principal manufactured goods was unsustainable, and the denial of deferral was rejected. Case-Laws VAT and Sales Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377459