https://www.taxtmi.com/caselaws?id=241985 Purchase tax was held leviable on iron scrap bought from unregistered dealers and used to manufacture rough castings, because the scrap and the finished rough castings were treated as commercially distinct commodities; the fact that the finished goods were also taxed on sale did not remove the purchase tax liability. Penalty for filing an incorrect or incomplete return was not sustained, as the record did not show a deliberate or blameworthy return. The purchase tax issue was decided against the assessee, while the penalty was set aside. en-us Wed, 30 Oct 2013 00:00:00 +0530 Wed, 01 Jan 2014 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241985 Purchase tax was held leviable on iron scrap bought from unregistered dealers and used to manufacture rough castings, because the scrap and the finished rough castings were treated as commercially distinct commodities; the fact that the finished goods were also taxed on sale did not remove the purchase tax liability. Penalty for filing an incorrect or incomplete return was not sustained, as the record did not show a deliberate or blameworthy return. The purchase tax issue was decided against the assessee, while the penalty was set aside. Case-Laws VAT and Sales Tax Wed, 30 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241985