https://www.taxtmi.com/caselaws?id=152925 Paper purchased on declaration for resale as such was held to be diverted from the declared purpose when it was converted into exercise books, because the proviso to section 5(2)(A)(a)(ii) read with Rule 27 treated use for a different purpose as attracting liability. The court treated the conversion as creating a commercially different commodity, not a mere continuation of the same goods, and distinguished authorities relied on by the assessee. The value of the paper so utilised was therefore includible in taxable turnover, and the issue was decided for the Revenue. en-us Thu, 26 Jul 1979 00:00:00 +0530 Fri, 12 Jul 2013 18:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152925 Paper purchased on declaration for resale as such was held to be diverted from the declared purpose when it was converted into exercise books, because the proviso to section 5(2)(A)(a)(ii) read with Rule 27 treated use for a different purpose as attracting liability. The court treated the conversion as creating a commercially different commodity, not a mere continuation of the same goods, and distinguished authorities relied on by the assessee. The value of the paper so utilised was therefore includible in taxable turnover, and the issue was decided for the Revenue. Case-Laws VAT and Sales Tax Thu, 26 Jul 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152925