1998 (6) TMI 549

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..... ppellate Tribunal, Hyderabad in T.A. No. 522 of 1997 dated November 11, 1997. The appellant is a small-scale industry engaged in the manufacture of yoke rings, ferrite rods, and antenna rods, on the sale of which the assessee claimed concessional rate of tax applicable to electronic goods at 2 per cent under G.O. Ms. No. 520, Revenue dated July 20, 1988 on the ground that they are electronic compo .....

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..... o. 520 dated July 20, 1988 and G.O. Ms. No. 864 dated September 7, 1993. The relevant portion in G.O. Ms. No. 520 dated July 20, 1988 reads as follows: "2. For the purpose of this notification, the term 'electronic goods' means electronic system, instruments, appliances, apparatus, equipment operating on electronic principles and all types of electronic components, parts and materials and include .....

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..... gnetic waves and convert them into optical waves and also to cause deflection into vertical and horizontal components on the viewing screen in the T.V. set. They are made of ferrites which is a ceramic iron oxide compound having ferro magnetic properties. The Tribunal also considered the functioning of other two items and held that they are electronic components within the meaning of paragraph 2 o .....

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..... was involved was computer paper is entitled for exemption under G.O. Ms. No. 864 dated September 7, 1993. By issuing G.O. Ms. No. 520, dated July 20, 1988 a memo was issued making the memo a part of the said G.O. Computer stationery was mentioned as one of the items entitled for exemption under the said G.O. in the said memo. However, while issuing G.O. Ms. No. 864, dated September 7, 1993 the sa .....

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..... l as we are of the opinion that these three items are electronic components within the meaning of paragraph 2 of the G.O. Ms. No. 520, dated July 20, 1988. G.O. Ms. No. 520, dated July 20, 1988 has been superseded by G.O. Ms. No. 864, dated September 7, 1993. The language used in G.O. Ms. No. 864, dated September 7, 1993 is similar and there is no change. The Tribunal also on consideration of G.O. .....

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