1988 (1) TMI 321 - SCH - VAT and Sales Tax

Coverage of the notification dated 31st March 1982 granting exemption from tax in respect of sale of equipments generating or utilising renewable source of energy including equipments specified therein arises in this appeal Held that - Appeal allowed. The meaning and content of the expression renewable sources of energy in the context of the equipment in question is an important question which has arisen. In view of the fact that additional material has been brought on record and this is a question which will arise from year to year in respect of a large number of assessees we think that the matter requires fuller consideration afresh thus remit the matter to the High Court for a fresh decision in accordance with law.

Summary

The Supreme Court granted special leave in a tax exemption case involving renewable energy equipment. The Court set aside the High Court's order and remitted the matter for fresh consideration, allowing parties to submit additional material. The appeal was allowed with no costs.