1991 (5) TMI 249

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....efit of the "New Industrial Policy, 1989," as published vide Notification No. 4/15/ 89/41 BIII/2919, dated March 30, 1989, which has given incentives towards deferment/exemption of sales tax to units undergoing expansion, modernisation or diversification be given to the unit. As the petitioner believed that it was covered under the said policy, it did not deposit sales tax due for the quarter endi....

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....mental production as defined under rule 3.12. In other words, the benefit was available in respect of the increased production capacity and not to the capacity that had already existed before the modernisation of the unit. Without going into these matters at this stage, we find that the orders, annexures P3 and P4, are not sustainable. Admittedly, there was some confusion regarding the date from w....