https://www.taxtmi.com/caselaws?id=439178 A Karnataka tourism unit's 100% tax exemption under an earlier sales tax regime continued for the fixed certificate period after the Karnataka Value Added Tax Act, 2003 came into force. The governing notification and later Government Order preserved incentives already offered and committed, and the subsequent notification confirmed that rescission of the earlier notification would not affect dealers who had invested in setting up new tourism units. A separate KVAT notification was therefore not required because the exemption had already accrued and remained protected. The earlier ruling on whether a tourism unit was an industrial unit was treated as inapposite because the dispute concerned continuation of an existing exemption, not the unit's characterisation. en-us Fri, 09 Jun 2023 00:00:00 +0530 Wed, 24 Dec 2025 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439178 A Karnataka tourism unit's 100% tax exemption under an earlier sales tax regime continued for the fixed certificate period after the Karnataka Value Added Tax Act, 2003 came into force. The governing notification and later Government Order preserved incentives already offered and committed, and the subsequent notification confirmed that rescission of the earlier notification would not affect dealers who had invested in setting up new tourism units. A separate KVAT notification was therefore not required because the exemption had already accrued and remained protected. The earlier ruling on whether a tourism unit was an industrial unit was treated as inapposite because the dispute concerned continuation of an existing exemption, not the unit's characterisation. Case-Laws VAT / Sales Tax Fri, 09 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439178