https://www.taxtmi.com/caselaws?id=163560 Purchase tax on raw bones bought from unregistered dealers does not arise where conversion into crushed bones, bone meal, bone sinews, horns and hooves does not amount to consumption in manufacture. The Supreme Court-approved reasoning treats raw bones as not consumed and the resulting processing as not constituting manufacture for this purpose; consequently, the earlier contrary High Court view cannot govern. A concession made before the Tribunal on a point of law does not bind the assessee or prevent reliance on a later Supreme Court ruling that changes the applicable legal position. The tax demand on the disputed raw-bone purchases was therefore set aside. en-us Tue, 15 Jul 2008 00:00:00 +0530 Thu, 04 Dec 2014 13:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163560 Purchase tax on raw bones bought from unregistered dealers does not arise where conversion into crushed bones, bone meal, bone sinews, horns and hooves does not amount to consumption in manufacture. The Supreme Court-approved reasoning treats raw bones as not consumed and the resulting processing as not constituting manufacture for this purpose; consequently, the earlier contrary High Court view cannot govern. A concession made before the Tribunal on a point of law does not bind the assessee or prevent reliance on a later Supreme Court ruling that changes the applicable legal position. The tax demand on the disputed raw-bone purchases was therefore set aside. Case-Laws VAT and Sales Tax Tue, 15 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163560