TMI Blog1987 (6) TMI 381X X X X Extracts X X X X X X X X Extracts X X X X ..... l Sales Tax Act. The assessment year with which we are concerned is 1978-79. The assessee/respondent purchased soft wood and manufactured splints and veneers. It also manufactured packing wood-wool, out of the said soft wood. A sales turnover of Rs. 1,13,194.50 was disclosed regarding the sale turnover of wood-wool. The assessing authority estimated the purchase turnover of soft wood purchased for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Revenue, Mr. Divakaran Pillai, as also counsel for the assessee/respondent, Mr. Ramakrishnan. The entire controversy centres round the scope of Notification S.R.O. No. 148/72. S.R.O. No. 148/72 is as follows: "S.R.O. No. 148/72............... hereby make an exemption in respect of the tax payable under section 5A of the said Act on the purchase of soft wood by the manufacturers of splints and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nufacture of splints and veneers. There is no warrant for stating so. On a plain reading of S.R.O. No. 148/72, we are of the view that, on the facts of this case, the soft wood purchased by the manufacturers (assessee in this case) are entitled to exemption under section 5A of the Kerala General Sales Tax Act, as per S.R.O. No. 148/72, even though a portion of the soft wood (left over) was used fo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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