https://www.taxtmi.com/caselaws?id=151510 Section 8-A of the Karnataka Sales Tax Act was held inapplicable to purchases of gold and silver articles used to manufacture bullion, because the exemption covered only articles of gold and silver used to make other articles of gold and silver on which sales tax was payable. The expression "articles of gold and silver" was construed as excluding bullion or specie, as those terms refer to goods capable of use as jewellery or utensils. The dealer could not claim exemption merely because no sales tax arose on sale of bullion; the statutory condition required manufacture and sale of qualifying articles from the purchased goods. The assessee was therefore not entitled to exemption from purchase tax. en-us Tue, 03 Jan 1978 00:00:00 +0530 Thu, 06 Jun 2013 17:18:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151510 Section 8-A of the Karnataka Sales Tax Act was held inapplicable to purchases of gold and silver articles used to manufacture bullion, because the exemption covered only articles of gold and silver used to make other articles of gold and silver on which sales tax was payable. The expression "articles of gold and silver" was construed as excluding bullion or specie, as those terms refer to goods capable of use as jewellery or utensils. The dealer could not claim exemption merely because no sales tax arose on sale of bullion; the statutory condition required manufacture and sale of qualifying articles from the purchased goods. The assessee was therefore not entitled to exemption from purchase tax. Case-Laws VAT and Sales Tax Tue, 03 Jan 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151510