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2013 (10) TMI 395 - RAJASTHAN HIGH COURTExemption of tax - whether woolen carpet yarn is exempted from tax? - Whether woolen yarn and woolen carpet yarn are different products - Held that:- A cumulative reading of these three notifications clearly and unequivocally reveals that the intention of the Government for issuance of these notifications was to serve the interest of public at large and while issuing these notifications, the State Government has formed a definite opinion that issuance of such notifications is necessary or expedient in the public interest. Whether woolen yarn and woolen carpet yarn are different products - Held that:- Exemption from tax for sale or purchase of woolen carpet yarn is envisaged in the Notification dated 13th of June 1994 issued by the State Government. Moreover, the subsequent Notification dated 20th of March 1997, which has been given retrospective effect and the same has been made effective from 15th of June 1994 clarifies that “woolen yarn” and “woolen carpet yarn” fall within the ambit of exempted category for levy of tax on its sale and purchase, by showing the true intention of the earlier Notification of 13th of June 1994 - Decided against Revenue.
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