https://www.taxtmi.com/caselaws?id=127097 A dispensing chemist who compounds medicines from individual prescriptions is treated as manufacturing or producing goods for sale under Section 4(5)(a) of the Bengal Finance (Sales Tax) Act, 1941. The compounded medicine is regarded as the finished commercial article sold to the customer, distinct from its ingredients, and the compounding process brings that article into existence for sale in the chemist's business. The absence of an express exception for prescription dispensing does not alter the statutory position, because liability turns on production of goods for sale by a dealer within the Act's turnover-based scheme. The chemist is therefore liable to tax registration when the taxable threshold is exceeded. en-us Wed, 05 Jun 1946 00:00:00 +0530 Tue, 26 Feb 2013 11:35:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127097 A dispensing chemist who compounds medicines from individual prescriptions is treated as manufacturing or producing goods for sale under Section 4(5)(a) of the Bengal Finance (Sales Tax) Act, 1941. The compounded medicine is regarded as the finished commercial article sold to the customer, distinct from its ingredients, and the compounding process brings that article into existence for sale in the chemist's business. The absence of an express exception for prescription dispensing does not alter the statutory position, because liability turns on production of goods for sale by a dealer within the Act's turnover-based scheme. The chemist is therefore liable to tax registration when the taxable threshold is exceeded. Case-Laws VAT and Sales Tax Wed, 05 Jun 1946 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127097