1973 (4) TMI 98 - HC - VAT and Sales Tax

Summary

The assessee claimed exemption from assessment under the Madras General Sales Tax Act for excise duty paid on goods sold. Tribunal allowed exemption, but Madras Act 3 of 1969 withdrew the exemption with retrospective effect from 5th January, 1957. The claim for exemption cannot be upheld. Tribunal's decision set aside, petition allowed.