COMMNR., COMMERCIAL TAXES RANCHI vs M/S SWARN REKHA COKES & COALS P.LTD.&ORS

The Supreme Court interpreted Sections 2(f), 84, and 85 of the Bihar Re-Organization Act, 2000, determining that benefits under the Industrial Policy 1995 of Bihar, specifically regarding sales tax exemptions for raw materials, continue to apply post-bifurcation to beneficiaries in Jharkhand. The Court held that the exemption from sales tax on coal purchases remains valid for units that complied with the necessary requirements before the appointed day. Consequently, the appeals were decided in favor of the beneficiaries entitled to the exemptions under the previous policy.