https://www.taxtmi.com/caselaws?id=445571 Section 93(1) of the Maharashtra Value Added Tax Act, 2002 applies only where the eligibility certificate and certificate of entitlement are granted for increase in production capacity or acquisition of new fixed capital assets. On the facts stated, the assessee's entitlement arose under the 1993 package scheme of incentives on the basis of investment, not expanded production capacity, and there was no provision in that scheme or under the Central Sales Tax Act, 1956 to reduce the exemption. The notification under section 8(5) of the Central Sales Tax Act had also not been amended, modified or withdrawn, so full exemption on sales turnover was available and pro rata reduction was not justified. en-us Wed, 01 Nov 2023 00:00:00 +0530 Sat, 11 Nov 2023 08:17:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445571 Section 93(1) of the Maharashtra Value Added Tax Act, 2002 applies only where the eligibility certificate and certificate of entitlement are granted for increase in production capacity or acquisition of new fixed capital assets. On the facts stated, the assessee's entitlement arose under the 1993 package scheme of incentives on the basis of investment, not expanded production capacity, and there was no provision in that scheme or under the Central Sales Tax Act, 1956 to reduce the exemption. The notification under section 8(5) of the Central Sales Tax Act had also not been amended, modified or withdrawn, so full exemption on sales turnover was available and pro rata reduction was not justified. Case-Laws VAT and Sales Tax Wed, 01 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445571