M/S.VIJAY ENTERPRISES vs SALES TAX OFFICER .

The Supreme Court held that under Section 4-A of the Uttar Pradesh Sales Tax Act, 1948, the petitioners are entitled to a sales tax exemption for five years from the date of their first sale on 30.3.1985. The Court clarified that the exemption period should commence from the date of the first sale, not the date of obtaining a power connection. The Court ruled that the cost of the diesel set should be included in the capital investment, thereby qualifying the petitioners for the extended exemption period.