https://www.taxtmi.com/caselaws?id=409677 The exemption entry in the Tamil Nadu VAT schedule, read on its plain language, could not be confined by implication to cotton hank yarn alone when it had already been construed to cover yarn sold in hank form, including Viscose Staple Fibre hank yarn. On that interpretation, the proposed levy of tax on sale of VSF hank yarn was unsustainable and was set aside. The notice was interfered with only to that extent, and the assessee was left free to respond on any other distinct issue raised. en-us Thu, 24 Jun 2021 00:00:00 +0530 Wed, 14 Jul 2021 06:28:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409677 The exemption entry in the Tamil Nadu VAT schedule, read on its plain language, could not be confined by implication to cotton hank yarn alone when it had already been construed to cover yarn sold in hank form, including Viscose Staple Fibre hank yarn. On that interpretation, the proposed levy of tax on sale of VSF hank yarn was unsustainable and was set aside. The notice was interfered with only to that extent, and the assessee was left free to respond on any other distinct issue raised. Case-Laws VAT and Sales Tax Thu, 24 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409677