https://www.taxtmi.com/caselaws?id=390003 Conversion of wet blue leather into finished leather constitutes manufacture because the original material loses its identity and emerges as a commercially distinct commodity. Inputs purchased against declaration, including chemicals, are therefore used in connection with manufacturing goods for sale within the State, satisfying the condition for concessional tax treatment. The declaration is not misused merely because the purchased inputs are applied in this conversion process, and assessment at the higher rate on that basis is unwarranted. The Tribunal's view allowing the concessional rate was sustained. en-us Fri, 06 Dec 2019 00:00:00 +0530 Thu, 07 Nov 2024 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390003 Conversion of wet blue leather into finished leather constitutes manufacture because the original material loses its identity and emerges as a commercially distinct commodity. Inputs purchased against declaration, including chemicals, are therefore used in connection with manufacturing goods for sale within the State, satisfying the condition for concessional tax treatment. The declaration is not misused merely because the purchased inputs are applied in this conversion process, and assessment at the higher rate on that basis is unwarranted. The Tribunal's view allowing the concessional rate was sustained. Case-Laws VAT / Sales Tax Fri, 06 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390003