https://www.taxtmi.com/caselaws?id=155340 Entry 46 of the Orissa Sales Tax Act was read as an inclusive, not exhaustive, description of iron and steel. Rods, flats and similar products manufactured in rolling mills from raw materials purchased for resale remained within that broad genus despite change in form, so their use did not amount to diversion of the declared goods. On that basis, the second proviso to section 5(2)(A)(a)(ii) was not attracted, and the demand adding back the value of the raw materials to taxable turnover was quashed in favour of the assessee. en-us Thu, 04 Feb 1988 00:00:00 +0530 Tue, 03 Sep 2013 16:11:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155340 Entry 46 of the Orissa Sales Tax Act was read as an inclusive, not exhaustive, description of iron and steel. Rods, flats and similar products manufactured in rolling mills from raw materials purchased for resale remained within that broad genus despite change in form, so their use did not amount to diversion of the declared goods. On that basis, the second proviso to section 5(2)(A)(a)(ii) was not attracted, and the demand adding back the value of the raw materials to taxable turnover was quashed in favour of the assessee. Case-Laws VAT and Sales Tax Thu, 04 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155340