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An exception and/or an exempting provision in a taxing statute should be construed strictly – Supreme Court

January 21, 2022

It is settled law that the notification has to be read as a whole. If any of the conditions laid down in the notification is not fulfilled, the party is not entitled to the benefit of that notification.

An exception and/or an exempting provision in a taxing statute should be construed strictly and it is not open to the court to ignore the conditions prescribed in industrial policy and the exemption notifications.

 

Copy of the judgement attached

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