https://www.taxtmi.com/caselaws?id=151325 M.S. rounds retained the same commercial identity as the rounds originally purchased, so they qualified for exemption from single point taxation. The governing test was whether the goods sold remained the same commercial commodity that had already suffered tax; if processing or manufacture creates a different commercial commodity, the earlier tax does not extend to the new product. Applying that principle, M.S. angles and M.S. squares were treated as distinct commercial commodities under the relevant schedule, with angles falling under steel structurals and rounds and squares under steel bars. Accordingly, exemption was available only for M.S. rounds and not for M.S. angles or M.S. squares. en-us Thu, 03 Feb 1977 00:00:00 +0530 Tue, 04 Jun 2013 14:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151325 M.S. rounds retained the same commercial identity as the rounds originally purchased, so they qualified for exemption from single point taxation. The governing test was whether the goods sold remained the same commercial commodity that had already suffered tax; if processing or manufacture creates a different commercial commodity, the earlier tax does not extend to the new product. Applying that principle, M.S. angles and M.S. squares were treated as distinct commercial commodities under the relevant schedule, with angles falling under steel structurals and rounds and squares under steel bars. Accordingly, exemption was available only for M.S. rounds and not for M.S. angles or M.S. squares. Case-Laws VAT and Sales Tax Thu, 03 Feb 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151325