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1986 (12) TMI 363 - MADHYA PRADESH HIGH COURTExtract: .......in the taxable turnover. As such, the second question is answered by saying that exemption under section 2(r)(ii) is available on the value of the motor chassis purchased from the registered dealer and the value of the body can be bifurcated. 4.. The reference is answered accordingly. Parties to bear their own costs. Reference answered accordingly.
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