THE ADDITIONAL COMMNR.OF C.TAXES,BANGALO vs AYILI STONE INDUSTRIES ETC.ETC.

The Supreme Court upheld the High Court's decision in overturning the Additional Commissioner's order under Section 12-A(1) of the Karnataka Sales Tax Act, 1957, which had erroneously denied exemption on polished granite stones. The Court clarified that polished and unpolished granite stones are treated under separate entries in the Act, and thus, the exemption granted on polished granite stones derived from unpolished granite was valid. The ruling emphasized the importance of adhering to statutory provisions regarding sales tax exemptions.