https://www.taxtmi.com/caselaws?id=157394 Sale proceeds of excess M.S. rounds arising during job-work conversion of billets were held outside the assessee's turnover because, under the Assam Finance (Sales Tax) Act, 1956, tax liability attaches only to taxable goods manufactured or processed by a dealer on its own account, and "sale price" is confined to the money consideration for such goods. As the conversion was done for the billet owners, the excess rounds did not constitute the job worker's own taxable sales. The court applied strict construction of the charging provision and rejected any extension of tax liability beyond the statute's clear terms; the assessment and demand were therefore set aside. en-us Wed, 11 May 1994 00:00:00 +0530 Fri, 04 Oct 2013 17:39:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157394 Sale proceeds of excess M.S. rounds arising during job-work conversion of billets were held outside the assessee's turnover because, under the Assam Finance (Sales Tax) Act, 1956, tax liability attaches only to taxable goods manufactured or processed by a dealer on its own account, and "sale price" is confined to the money consideration for such goods. As the conversion was done for the billet owners, the excess rounds did not constitute the job worker's own taxable sales. The court applied strict construction of the charging provision and rejected any extension of tax liability beyond the statute's clear terms; the assessment and demand were therefore set aside. Case-Laws VAT and Sales Tax Wed, 11 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157394