High Court of Karnataka Allows Revision Petition in Entry Tax Case — Exemption Notification for Industrial Units Must Be Interpreted Broadly. The court held that the term 'component parts of goods manufactured' in the exemption notification includes raw materials and component parts used in the manufacture of finished products, and the assessee is entitled to exemption on the entry of such goods.
19 Nov 2015The petitioner, M/s. JK Tyre & Industries Ltd. (formerly M/s. Vikrant Tyres Ltd.), is engaged in the manufacture and sale of automotive tyres, tubes, ...




