https://www.taxtmi.com/caselaws?id=154406 Iron and steel nails are not covered by item 2 of the Third Schedule merely because they are made from iron and steel. The entry lists specific and distinct categories, and exemption does not extend to every article manufactured from those materials once tax has been paid on the basic inputs. Nails are commercially separate from wires and wire rods, and they do not qualify as defectives, rejects, cuttings or end-pieces of those categories because that phrase applies only to remnants or inferior forms of the enumerated items. Nails therefore remain separately taxable under section 5(1) of the General Sales Tax Act. en-us Wed, 20 Feb 1985 00:00:00 +0530 Mon, 19 Aug 2013 17:36:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154406 Iron and steel nails are not covered by item 2 of the Third Schedule merely because they are made from iron and steel. The entry lists specific and distinct categories, and exemption does not extend to every article manufactured from those materials once tax has been paid on the basic inputs. Nails are commercially separate from wires and wire rods, and they do not qualify as defectives, rejects, cuttings or end-pieces of those categories because that phrase applies only to remnants or inferior forms of the enumerated items. Nails therefore remain separately taxable under section 5(1) of the General Sales Tax Act. Case-Laws VAT and Sales Tax Wed, 20 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154406