https://www.taxtmi.com/caselaws?id=161702 Under single point taxation, each commercial commodity is treated as a distinct taxable unit unless the statute indicates otherwise, so items listed separately in the Third Schedule are not merged merely because they appear in the same sub-clause. The stated test is whether each item retains a separate commercial identity. On second-sale exemption, pig iron used to make ingot moulds lost its original identity when the moulds became unserviceable and were later sold as scrap, so the scrap was treated as a different commodity from the pig iron originally purchased. Accordingly, the exemption was unavailable because the goods sold later did not remain the same commodity. en-us Wed, 06 Aug 2003 00:00:00 +0530 Tue, 04 Feb 2014 15:51:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161702 Under single point taxation, each commercial commodity is treated as a distinct taxable unit unless the statute indicates otherwise, so items listed separately in the Third Schedule are not merged merely because they appear in the same sub-clause. The stated test is whether each item retains a separate commercial identity. On second-sale exemption, pig iron used to make ingot moulds lost its original identity when the moulds became unserviceable and were later sold as scrap, so the scrap was treated as a different commodity from the pig iron originally purchased. Accordingly, the exemption was unavailable because the goods sold later did not remain the same commodity. Case-Laws VAT and Sales Tax Wed, 06 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161702