imported materials or excisable materials used in the manufacture of semis, components and intermediate products which are used in the manufacture of goods
The Commissioner Of Income Tax vs M/S.Shiva Distilleries Ltd on 13 February, 2007
Commissioner Of Income-Tax vs Metal Power Co. Ltd. on 14 March, 2007
Equivalent citations
Commissioner Of Income Tax vs M/S.L.S.Mills Ltd on 8 February, 2006
replaced machine
could not be considered as an independent one and no intermediate marketable
product was produced.
5.3. Hence, first and second questions are answered ... term 'turnover' would
include the excise duty and sales tax components which are all indirect taxes
and which the assessee has to collect
replaced machine
could not be considered as an independent one and no intermediate marketable
product was produced.
5.3. Hence, first and second questions are answered ... term 'turnover' would
include the excise duty and sales tax components which are all indirect taxes
and which the assessee has to collect
Cit vs Fenner (India) Ltd. on 22 January, 2007
Equivalent citations: [2007]292ITR605(MAD)
Author