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2006 (12) TMI 219 - SC - VAT and Sales TaxWhether computer and parts of computer and computer peripherals are exempted from levy of turnover tax? Held that:- Appeal dismissed. In the impugned judgment, the division Bench of the High Court was justified in observing that the parts of computer by employing legal fiction need to be treated as computer under Sr. No. 20(i) of the Part "C" of the Second Schedule to the Act. The computer itself is produced by assembling various parts or configuration. When the Legislature intended to exempt the computer then by employing the legal fiction it would be appropriate to hold that parts of computer and its peripheral are also exempted from payment of tax. Thus plain construction of the statute leads to a clear conclusion that the Legislature intended to exempt computer and parts of computer and computer peripherals from levy of turnover tax.
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