9911796707
TMI Blog1998 (8) TMI 545X X X X Extracts X X X X X X X X Extracts X X X X ..... ssional rate of duty under G.O. Ms. No. 520, Revenue dated July 20, 1988 on the ground that they are components of electronic goods. The Tribunal held that they are eligible for concessional rate of duty under G.O. Ms. No. 520 dated July 20, 1988. Aggrieved by the same, the Revenue filed the present T.R.Cs. 3.. The main arguments of the learned counsel for the Revenue is that NICD and other batteries cannot be treated as electronic goods as they do not fall under the twelve items enumerated in the said G.O. While learned counsel for the respondent contended that under the G.O., electronic components are entitled for concessional rate of duty as to the G.O., a note was appended making the memo issued by Electronic Commission a part of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bove from the levy of turnover tax under section 5-A(1) and surcharge on sales tax under section 6-B of the said Act with effect from the 18th July, 1993. 1.. Substituted by G.O. Ms. No. 859, Revenue dated September 3, 1993 with effect from July 18, 1993 for the words additional tax . Note: Government have clarified vide Memo No. 23718/CT-112/89 dated June 1, 1989 that concessional rate has to be extended to electronic goods enumerated in the list prepared by the Electronics Commission. A reading of the G.O. makes it clear, for the purpose of notification, the term electronic goods means electronic systems, instruments, appliances, apparatus, equipment operating on electronic principles and all types of electronic components, part ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... retation to be placed on G.O. Ms. No. 520 dated July 20, 1988 is applicable even to G.O. Ms. No. 521 dated July 20, 1988. Since according to the list prepared by the Electronics Commission, the batteries are electronic components and since the electronic components are one of the items which are eligible for concessional rate of duty and since the clarification in the list prepared by the Electronics Commission is treated as part of the G.O. the batteries manufactured by the assessee are eligible for concessional rate of duty under G.O. Ms. No. 520, Revenue dated July 20, 1988 and G.O. Ms. No. 521 Revenue dated July 20, 1988 issued under the A.P. General Sales Tax Act and also Central Sales Tax Act. 6.. Therefore, we do not see any reason ..... X X X X Extracts X X X X X X X X Extracts X X X X
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