https://www.taxtmi.com/caselaws?id=161913 Conversion of liquid oxygen or carbon dioxide into gaseous form, followed by bottling for sale, was held not to amount to manufacture because no new commercially distinct commodity emerged; the activity was only a change of form and storage, so the sales tax incentive under the Target-2000 scheme was unavailable. On cancellation of the incentive, promissory estoppel could not compel payment of tax never collected from consumers, especially where the scheme barred such collection. Recovery was therefore confined to amounts actually collected, and any tax liability could operate only prospectively from the date cancellation became effective. en-us Fri, 26 Nov 2004 00:00:00 +0530 Thu, 20 Jun 2024 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161913 Conversion of liquid oxygen or carbon dioxide into gaseous form, followed by bottling for sale, was held not to amount to manufacture because no new commercially distinct commodity emerged; the activity was only a change of form and storage, so the sales tax incentive under the Target-2000 scheme was unavailable. On cancellation of the incentive, promissory estoppel could not compel payment of tax never collected from consumers, especially where the scheme barred such collection. Recovery was therefore confined to amounts actually collected, and any tax liability could operate only prospectively from the date cancellation became effective. Case-Laws VAT and Sales Tax Fri, 26 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161913