https://www.taxtmi.com/caselaws?id=181199 Declared goods used in a works contract remain protected by the Central Sales Tax restrictions only if they retain their identity at incorporation; iron and steel that continued as declared goods could not be taxed at a higher residuary rate. Advance receipts paid before incorporation were treated as mobilisation amounts and not turnover, so the rule deeming them taxable before the statutory transfer event was inconsistent to that extent. By contrast, M.S. plates and sheets that were cut, rolled, welded and fabricated into bullet-tank sections lost their original commercial identity through manufacture, permitting tax at the applicable residuary rate. en-us Tue, 10 Dec 2013 00:00:00 +0530 Mon, 16 Jan 2017 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181199 Declared goods used in a works contract remain protected by the Central Sales Tax restrictions only if they retain their identity at incorporation; iron and steel that continued as declared goods could not be taxed at a higher residuary rate. Advance receipts paid before incorporation were treated as mobilisation amounts and not turnover, so the rule deeming them taxable before the statutory transfer event was inconsistent to that extent. By contrast, M.S. plates and sheets that were cut, rolled, welded and fabricated into bullet-tank sections lost their original commercial identity through manufacture, permitting tax at the applicable residuary rate. Case-Laws VAT and Sales Tax Tue, 10 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181199