M/S.PRINCE ROLLER FLOUR MILLS P. LTD,PALAKKAD vs. THE ACIT, KOCHI

In the result, appeals of the assessee are allowed and the appeals of the

Bench: S/Shri Chandra Poojari, Am&George George K., Jm

x 3%] Rs.64,940/- [2] The assessee when pricing the product in the open market would not differentiate between its VAT levied and non levied items and could have priced it at the same rate. VAT rates were 4% for F.Y. 2008-09. Thus there was an unfair enrichment of Rs. 3,16,070/- (1) +(2) in the hands

THE ACIT, KOCHI vs. M/S.PRINCE ROLLER FLOUR MILLS P. LTD, PALAKKAD

In the result, appeals of the assessee are allowed and the appeals of the