https://www.taxtmi.com/caselaws?id=164620 In a works contract involving multiple materials taxed at different rates, the concessional rate for plywood could not be applied to the entire turnover merely because plywood was one input. The taxable value had to be segregated contract-wise and material-wise, with only the portion properly referable to plywood or other qualifying items eligible for the lower rate and the balance taxed at the higher rate. As the record lacked contract-wise accounts showing purchases, use and closing stock, the assessment and appellate orders were set aside and the matter remitted for fresh assessment on proper records. en-us Thu, 12 Feb 2009 00:00:00 +0530 Mon, 28 Apr 2014 14:33:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164620 In a works contract involving multiple materials taxed at different rates, the concessional rate for plywood could not be applied to the entire turnover merely because plywood was one input. The taxable value had to be segregated contract-wise and material-wise, with only the portion properly referable to plywood or other qualifying items eligible for the lower rate and the balance taxed at the higher rate. As the record lacked contract-wise accounts showing purchases, use and closing stock, the assessment and appellate orders were set aside and the matter remitted for fresh assessment on proper records. Case-Laws VAT and Sales Tax Thu, 12 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164620