https://www.taxtmi.com/caselaws?id=161682 Tin ingots purchased by a contractor and consumed in fabricating empty tins under a job-work arrangement were held taxable as goods involved in a works contract, because the transfer of property in the ingots was deemed a sale under the Kerala General Sales Tax Act. The ingots were treated as integral to the finished work, not as mere consumables. An estimate of turnover by adding 25% gross profit to purchase value was accepted as reasonable, but the tax rate could not be taken from the finished tins. The applicable rate was the works contract entry under the relevant schedule. en-us Wed, 03 Sep 2003 00:00:00 +0530 Tue, 04 Feb 2014 12:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161682 Tin ingots purchased by a contractor and consumed in fabricating empty tins under a job-work arrangement were held taxable as goods involved in a works contract, because the transfer of property in the ingots was deemed a sale under the Kerala General Sales Tax Act. The ingots were treated as integral to the finished work, not as mere consumables. An estimate of turnover by adding 25% gross profit to purchase value was accepted as reasonable, but the tax rate could not be taken from the finished tins. The applicable rate was the works contract entry under the relevant schedule. Case-Laws VAT and Sales Tax Wed, 03 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161682