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VAT - Highlights / Catch Notes

Home Highlights December 2022 Year 2022 This

Purchase of gold for manufacturing of jewellery and ornaments - ...

VAT and Sales Tax

December 15, 2022

Purchase of gold for manufacturing of jewellery and ornaments - The assessing authority disallowed the claim for exemption on the sole ground that the purchasing dealer namely the writ petitioner did not manufacture the jewellery in the State of West Bengal but had manufactured the same at Coimbatore in Tamil Nadu state. - The intention, the object and the purpose of such exemption cannot be interpreted by referring to Rule 26A which operates in entirely different field. - Benefit rightly denied - HC

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