https://www.taxtmi.com/caselaws?id=70706 Waste yarn regularly generated during the warping and sizing process may be treated as a subsidiary product or bye-product sold in the course of business where it arises continuously in manufacture and is sold from time to time; the small sale value and limited change in composition do not alter that character. Resale relief is unavailable where the sold goods no longer retain the statutory description of the goods originally purchased, so cotton yarn that becomes waste yarn and falls within a different schedule entry does not satisfy the resale test. The assessment treatment of such sales is therefore supported on both the business-sale and resale issues. en-us Mon, 01 Dec 1975 00:00:00 +0530 Mon, 23 Jan 2012 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70706 Waste yarn regularly generated during the warping and sizing process may be treated as a subsidiary product or bye-product sold in the course of business where it arises continuously in manufacture and is sold from time to time; the small sale value and limited change in composition do not alter that character. Resale relief is unavailable where the sold goods no longer retain the statutory description of the goods originally purchased, so cotton yarn that becomes waste yarn and falls within a different schedule entry does not satisfy the resale test. The assessment treatment of such sales is therefore supported on both the business-sale and resale issues. Case-Laws VAT and Sales Tax Mon, 01 Dec 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70706