Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2006 (9) TMI 499 - HC - VAT and Sales Tax
Extract:
.......the manufacture of goods other than tax-free goods in the State of Punjab, we are of the view that the assessee is entitled to deduction on account of purchase value of furnace oil used in the manufacture of iron and steel goods under rule 29(xii) of the Rules. Accordingly, the question is answered in favour of the assessee and against the Revenue.