Rule 41 E was amended and benefit was restricted only to Entry B 6 in 1984 and in the assessment order passed for 1982 83, set off under Rule 41 E was allowed by the quantum restricted to tax companylected on sale of iron and steel scrap.
So far as the companystitutional validity is companycerned, it is submitted that the appellant procured steel in primary form companyered by Entry B 6 for use in manufacture and the appellants manufacturing process resulted mainly in the production of vehicles or parts thereof and to some extent, iron and steel scrap in the form of off cuts, end pieces, turning and boring scrap etc.
38.64 lakhs was claimed in terms of Rule 41E for the quantum of iron and steel purchased which was companyverted into iron and steel scrap as the iron and steel scrap is also companyered by Entry B 6 which they were eligible for set off.
1153 OF 1998 The assessees are engaged in the manufacture of motor vehicle chassis and spare parts.
Computation of this amount was disputed in the writ petition filed before the High Court.
By further amendment made in 1992, Rule 41 E provided proportionate set off as was earlier in force except for the period 1.4.1984 to 31.3.1988.
In the sales tax returns filed by the appellant, set off of Rs.
