https://www.taxtmi.com/caselaws?id=306097 Under Section 4-A of the U.P. Trade Tax Act, diversification requires manufacture of goods different in nature from those earlier produced, while modernisation covers improved machinery or process without change in the essential nature of the goods. The High Court found that the unit had already manufactured crown corks for cold drinks and that the proposed double lip dry blend crown served the same end use, so the change was only in machinery and technique. The claim for diversification was therefore rejected, and eligibility under modernisation was upheld. en-us Tue, 16 Sep 2008 00:00:00 +0530 Tue, 10 Jan 2023 11:07:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306097 Under Section 4-A of the U.P. Trade Tax Act, diversification requires manufacture of goods different in nature from those earlier produced, while modernisation covers improved machinery or process without change in the essential nature of the goods. The High Court found that the unit had already manufactured crown corks for cold drinks and that the proposed double lip dry blend crown served the same end use, so the change was only in machinery and technique. The claim for diversification was therefore rejected, and eligibility under modernisation was upheld. Case-Laws VAT and Sales Tax Tue, 16 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306097