https://www.taxtmi.com/caselaws?id=200396 Chemicals used in bleaching and dyeing contracts were held exigible to sales tax because their application in the process involved transfer of property in goods, even though the chemicals were consumed or washed away. The Court followed binding precedent and rejected the argument that disappearance of the materials prevented tax liability. Penalty, however, was held unsustainable where the dispute arose only from interpretation of the taxing provision and there was no finding of suppression of turnover. The revenue's challenge succeeded on taxability, but the assessee obtained relief against penalty. en-us Thu, 04 May 2017 00:00:00 +0530 Tue, 27 Mar 2018 16:34:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200396 Chemicals used in bleaching and dyeing contracts were held exigible to sales tax because their application in the process involved transfer of property in goods, even though the chemicals were consumed or washed away. The Court followed binding precedent and rejected the argument that disappearance of the materials prevented tax liability. Penalty, however, was held unsustainable where the dispute arose only from interpretation of the taxing provision and there was no finding of suppression of turnover. The revenue's challenge succeeded on taxability, but the assessee obtained relief against penalty. Case-Laws VAT and Sales Tax Thu, 04 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200396