9911796707
TMI Blog1998 (6) TMI 549X X X X Extracts X X X X X X X X Extracts X X X X ..... The appellant is a small-scale industry engaged in the manufacture of yoke rings, ferrite rods, and antenna rods, on the sale of which the assessee claimed concessional rate of tax applicable to electronic goods at 2 per cent under G.O. Ms. No. 520, Revenue dated July 20, 1988 on the ground that they are electronic components. The assessing officer granted the exemption. The Deputy Commission ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he relevant portion in G.O. Ms. No. 520 dated July 20, 1988 reads as follows: 2. For the purpose of this notification, the term electronic goods means electronic system, instruments, appliances, apparatus, equipment operating on electronic principles and all types of electronic components, parts and materials and includes,- (i) consumer electronics; (ii) electronic test and measuring inst ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cause deflection into vertical and horizontal components on the viewing screen in the T.V. set. They are made of ferrites which is a ceramic iron oxide compound having ferro magnetic properties. The Tribunal also considered the functioning of other two items and held that they are electronic components within the meaning of paragraph 2 of G.O. Ms. No. 520, dated July 20, 1988. 3.. Learned couns ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under G.O. Ms. No. 864 dated September 7, 1993. By issuing G.O. Ms. No. 520, dated July 20, 1988 a memo was issued making the memo a part of the said G.O. Computer stationery was mentioned as one of the items entitled for exemption under the said G.O. in the said memo. However, while issuing G.O. Ms. No. 864, dated September 7, 1993 the said memo was omitted. Since the memo was omitted in G.O. Ms ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctronic components within the meaning of paragraph 2 of the G.O. Ms. No. 520, dated July 20, 1988. G.O. Ms. No. 520, dated July 20, 1988 has been superseded by G.O. Ms. No. 864, dated September 7, 1993. The language used in G.O. Ms. No. 864, dated September 7, 1993 is similar and there is no change. The Tribunal also on consideration of G.O. Ms. No. 864, dated September 7, 1993 has held that the t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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