https://www.taxtmi.com/caselaws?id=155874 A processed article stays within an exemption entry unless the evidence shows that processing has created a commercially distinct commodity with a changed identity. The Madhya Pradesh HC found no conclusive material that cloth immersed in varnish and oil had ceased to be tape for purposes of the exemption notification, so the tape remained covered by the notification. On penalty, the record showed tax had been deposited on the basis of the assessee's returns and no sufficient basis was established for invoking section 17(3), so the penalty could not be sustained. en-us Thu, 18 Aug 1988 00:00:00 +0530 Mon, 09 Sep 2013 17:05:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155874 A processed article stays within an exemption entry unless the evidence shows that processing has created a commercially distinct commodity with a changed identity. The Madhya Pradesh HC found no conclusive material that cloth immersed in varnish and oil had ceased to be tape for purposes of the exemption notification, so the tape remained covered by the notification. On penalty, the record showed tax had been deposited on the basis of the assessee's returns and no sufficient basis was established for invoking section 17(3), so the penalty could not be sustained. Case-Laws VAT and Sales Tax Thu, 18 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155874