9911796707
TMI Blog1995 (7) TMI 404X X X X Extracts X X X X X X X X Extracts X X X X ..... profit of Rs. 2,97,630 (40 per cent gross profit on Rs. 7,44,073) to the value of the paper consumed. The assessee executed the works contract. The assessee contended that the value of the materials used in works contract alone is assessable to tax and not on the sale value of the said commodity. The department, on the other hand, contended that the sale value of the said commodity alone is assess ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... It is against this order the department is now in revision before this Court. 2.. The learned Additional Government Pleader (Taxes) submitted that in view of the fact that the provision of rule 6-B of the Tamil Nadu General Sales Tax Rules, 1959 has been struck down by this Court in the decision reported in Larsen and Toubro Limited v. State of Tamil Nadu [1993] 88 STC 289, and in view of the f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and Toubro Limited v. State of Tamil Nadu [1993] 88 STC 289 (Mad.) above referred to, and after the introduction of the new section 3-B, with retrospective effect from June 26, 1986, the order passed by the Tribunal, dated March 17, 1992 on the basis of rule 6-B is unsustainable. Therefore, we set aside the order passed by the Tribunal and remit back this issue to the file of the assessing offi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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