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2021 (7) TMI 519 - HC - VAT and Sales TaxExemption from sales tax - Viscose Staple Fibre (VSF) - Hank Yarn - Exemption under Entry 44 of the Fourth Schedule to the Tamil Nadu Value Added Tax Act, 2006 - HELD THAT:- The issue of exemption of VSF and PFA Hank yarn has now been settled by a Hon'ble Division Bench of this Court in the case of M/S. AAKAVI SPINNING MILLS (P) LTD. VERSUS THE AUTHORITY FOR CLARIFICATION AND ADVANCE RULING REP. BY THE COMMISSIONER OF COMMERCIAL TAXES EZHILAGAM, CHEPAUK CHENNAI, THE ASSISTANT COMMISSIONER (CT) [2020 (2) TMI 370 - MADRAS HIGH COURT], whereby, the Hon'ble Division Bench had held that Cotton Hank yarn continuous to be exempted in Entry 44 and so also, VSF and PFA. The proposal in the impugned notice for levy of taxes on sale of VSF Hank yarn cannot be sustained - However, if there are any other issues with regard to proposal of levy tax, it would be appropriate to grant liberty to the assessee to give their reply to the same. The impugned notice, the proposal of levy of sales tax on VSF Hank Yarn, is hereby set aside - Petition disposed off.
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