https://www.taxtmi.com/caselaws?id=161921 The High Court considered whether a pre-recorded cassette should be taxed as a new product or exempted as a second sale. The court analyzed previous judgments and ultimately allowed the Tax Revision Case, setting aside the Tribunal's order on taxation. However, the court upheld the first appellate authority's decision on the tax rate, with no costs awarded. The court's decision was based on the transformation of the cassette into a new commodity through recording, aligning with a recent Supreme Court judgment on the issue. en-us Mon, 01 Nov 2004 00:00:00 +0530 Tue, 11 Feb 2014 13:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161921 The High Court considered whether a pre-recorded cassette should be taxed as a new product or exempted as a second sale. The court analyzed previous judgments and ultimately allowed the Tax Revision Case, setting aside the Tribunal's order on taxation. However, the court upheld the first appellate authority's decision on the tax rate, with no costs awarded. The court's decision was based on the transformation of the cassette into a new commodity through recording, aligning with a recent Supreme Court judgment on the issue. Case-Laws VAT and Sales Tax Mon, 01 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161921