2016 (7) TMI 1391 - SCH - VAT and Sales Tax

Resale of the used motor vehicle - Claim of Exemption on sale of motor cars or other capital assets u/s 6(3) of the Delhi Value Added Tax Act 2004 (DVAT) - motor cars to be treated as plant or not - the decision in the case of Anand Decors Print-N-Wrap Diwan Saheb Fashins Pvt. Ltd. Al-Pack Industries Afflatus International Meenabazar Agarwal Agencies Pvt. Ltd. B And M Corporation East West Linkers Versus Commissioner of Trade And Taxes New Delhi 2014 (12) TMI 1024 - DELHI HIGH COURT contested - Held that - leave granted.

Summary

The Supreme Court of India granted leave in the case. Reference was made to a previous Delhi High Court judgement from 2014. Justices Dipak Misra and C. Nagappan presided over the case.