SONE VANASPATI Vs. STATE OF BIHAR

JUDGEMENT

(1.) THIS application is directed against an order as contained in Annexures 6 -A and 6 -C to the writ application whereby and where under a demand notice had been served upon the petitioner and the assessment proceeding has been directed to be continued.

(2.) BEREFT of all unnecessary details the fact of the matter is as follows: The petitioner is an existing company, incorporated under the Indian Companies Act, 1956, and carrying on business in Vanaspati at Barun in the district of Aurangabad, whereas its factory is situate.

(3.) THE State of Bihar again adopted a policy decision on 10th June, 1993 known as 'Industrial Incentives Policy, 1993 '. A copy of the said resolution is contained in Annexure -3 to the writ application. In terms of the said policy decision the Industries which have commenced or may commence production in between the period from 1.4.1993 to 31st March, 1998. are to get the benefit of exemption from payment of Sales -Tax for a period of ten years from the date of production.