Court Rules Mixing Base Paint with Colors Doesn't Create New Product for VAT and Sales Tax Purposes.

Court Rules Mixing Base Paint with Colors Doesn't Create New Product for VAT and Sales Tax Purposes. https://www.taxtmi.com/highlights?id=68872 Process amounting to manufacture or not - mixture of the base paint with different colours, results in a new product or not - The resultant article i.e., the paint of a different shade, did not result in a new commercial product. In common parlance, the new product was nothing else but ‘paint’, and not a different article. - SC en-us Thu, 23 Mar 2023 08:25:57 +0530 Thu, 23 Mar 2023 08:25:57 +0530 TaxTMI RSS Generator Court Rules Mixing Base Paint with Colors Doesn't Create New Product for VAT and Sales Tax Purposes. https://www.taxtmi.com/highlights?id=68872 Process amounting to manufacture or not - mixture of the base paint with different colours, results in a new product or not - The resultant article i.e., the paint of a different shade, did not result in a new commercial product. In common parlance, the new product was nothing else but ‘paint’, and not a different article. - SC Highlights VAT and Sales Tax Thu, 23 Mar 2023 08:25:57 +0530 https://www.taxtmi.com/highlights?id=68872