https://www.taxtmi.com/caselaws?id=149802 Liquid gold was treated as a chemical for sales tax purposes because it was produced by a chemical process from gold bullion and other substances, contained only a small proportion of gold in colloidal form, and was used commercially for decorating glass and ceramic ware. Its trade and common parlance identity, together with its mode of manufacture and ordinary use, showed that it was not understood as gold metal, bullion, specie, or an unspecified item. The article was therefore classifiable as a chemical rather than as bullion or an unclassified commodity. en-us Fri, 13 Feb 1970 00:00:00 +0530 Fri, 03 May 2013 17:40:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=149802 Liquid gold was treated as a chemical for sales tax purposes because it was produced by a chemical process from gold bullion and other substances, contained only a small proportion of gold in colloidal form, and was used commercially for decorating glass and ceramic ware. Its trade and common parlance identity, together with its mode of manufacture and ordinary use, showed that it was not understood as gold metal, bullion, specie, or an unspecified item. The article was therefore classifiable as a chemical rather than as bullion or an unclassified commodity. Case-Laws VAT and Sales Tax Fri, 13 Feb 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=149802