https://www.taxtmi.com/caselaws?id=164735 Imported and sold goods described in invoices as raw rubber, natural rubber or crude natural rubber were held to fall under entry 74 of the Tamil Nadu General Sales Tax Act, not as rubber products under entry 126. The court accepted the Tribunal's factual finding that latex is the milky substance from rubber trees and that sheet rubber is only a marketable form produced by coagulation, rolling, drying and grading. Because the processing did not create a new commodity and there was no evidence that the assessee converted the goods into other products, the goods retained their original character and remained assessable as raw or natural rubber. en-us Thu, 20 Nov 2008 00:00:00 +0530 Mon, 24 Nov 2014 19:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164735 Imported and sold goods described in invoices as raw rubber, natural rubber or crude natural rubber were held to fall under entry 74 of the Tamil Nadu General Sales Tax Act, not as rubber products under entry 126. The court accepted the Tribunal's factual finding that latex is the milky substance from rubber trees and that sheet rubber is only a marketable form produced by coagulation, rolling, drying and grading. Because the processing did not create a new commodity and there was no evidence that the assessee converted the goods into other products, the goods retained their original character and remained assessable as raw or natural rubber. Case-Laws VAT and Sales Tax Thu, 20 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164735