Court Rules Rusk Production is "Manufacture," Not Bread; VAT Exemption for Bread Doesn't Apply to Rusk.

Court Rules Rusk Production is "Manufacture," Not Bread; VAT Exemption for Bread Doesn't Apply to Rusk. https://www.taxtmi.com/highlights?id=62458 Benefit of exemption from VAT - it is plain to see that the petitioner manufactures bread and subjects such bread to a further process, which activity falls within the meaning of “manufacture” as used in the said Act for an altogether different product to be produced - it cannot be said that the petitioner”s product rusk is bread or the VAT exemption available to bread in the State must be extended to rusk. - HC en-us Wed, 16 Mar 2022 10:59:49 +0530 Wed, 16 Mar 2022 10:59:49 +0530 TaxTMI RSS Generator Court Rules Rusk Production is "Manufacture," Not Bread; VAT Exemption for Bread Doesn't Apply to Rusk. https://www.taxtmi.com/highlights?id=62458 Benefit of exemption from VAT - it is plain to see that the petitioner manufactures bread and subjects such bread to a further process, which activity falls within the meaning of “manufacture” as used in the said Act for an altogether different product to be produced - it cannot be said that the petitioner”s product rusk is bread or the VAT exemption available to bread in the State must be extended to rusk. - HC Highlights VAT and Sales Tax Wed, 16 Mar 2022 10:59:49 +0530 https://www.taxtmi.com/highlights?id=62458