https://www.taxtmi.com/caselaws?id=128627 The Madras HC considered whether purchase turnover of tanning materials used in processing hides and skins was taxable as part of the dealer's business, even though the materials were not sold as such. It held that "carries on business" bears a commercial sense and covers integrated activity undertaken with profit motive. Because the tanning materials were bought as ingredients in the process of converting raw hides into finished goods for sale, their purchase was part of the assessee's business and not a detached act of consumption. The assessees were therefore liable to assessment on the purchase turnover, and the claim that they were not dealers in those materials was rejected. en-us Mon, 29 Apr 1963 00:00:00 +0530 Tue, 09 Apr 2013 14:18:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128627 The Madras HC considered whether purchase turnover of tanning materials used in processing hides and skins was taxable as part of the dealer's business, even though the materials were not sold as such. It held that "carries on business" bears a commercial sense and covers integrated activity undertaken with profit motive. Because the tanning materials were bought as ingredients in the process of converting raw hides into finished goods for sale, their purchase was part of the assessee's business and not a detached act of consumption. The assessees were therefore liable to assessment on the purchase turnover, and the claim that they were not dealers in those materials was rejected. Case-Laws VAT and Sales Tax Mon, 29 Apr 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128627