Supreme Court of India

Commissioner of Trade Tax, U.P., Lucknow v. Mis. Modipan Fibres Company

Neutral citation
Reported as [2006] SUPP. 4 S.C.R. 236
Bench Ashok Bhan and Markandey Ka Tju JJ.
Decided 2 August 2006

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

What the Court ordered

For the reasons stated above, we do not find any merit in these appeals and dismiss the same, leaving the parties to bear their own costs.

Judgment, page 7

From the headnote

Taxation: Trade tax-Notification No. 1093 dated 27. 7.1991-Exemption under­ Entitlement to-Held: Dealer entitled to exemption on the turnover of sale of goods in an assessment year in excess of the base production-UP. Trade Tax Act, 1948-Section 4- . The question which has arisen for consideration in the present appeal is whether the respondent-assessee is entitled to avail the exemption under Notification No.1093 dated 27.7.1991 on the basis of the turnover of sale of goods in an assessment year minus the base production or on the sale of goods after achieving the base p~oduction. Dismissing

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