https://www.taxtmi.com/manuals?id=6905 Varnish denotes a liquid coating material of resins that dry to a hard transparent film; modern formulations rely on synthetic resins (phenolics, alkyds, amino resins, polyurethanes, epoxies, silicones and vinyl resins) with oils, dibasic acids and alcohols determining properties such as viscosity, drying and durability. Alkyds are identified as the principal resin class in coatings, phenolics retain specific applications, and the term Varnish Tree denotes species whose milky exudate produces lacquer with distinctive drying properties used in polished, water-resistant finishes. A tax authority case citation is provided for reference. en-us Tue, 21 Jan 2025 10:32:00 +0530 Mon, 14 Jul 2025 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=6905 Varnish denotes a liquid coating material of resins that dry to a hard transparent film; modern formulations rely on synthetic resins (phenolics, alkyds, amino resins, polyurethanes, epoxies, silicones and vinyl resins) with oils, dibasic acids and alcohols determining properties such as viscosity, drying and durability. Alkyds are identified as the principal resin class in coatings, phenolics retain specific applications, and the term Varnish Tree denotes species whose milky exudate produces lacquer with distinctive drying properties used in polished, water-resistant finishes. A tax authority case citation is provided for reference. Manuals Indian Laws Tue, 21 Jan 2025 10:32:00 +0530 https://www.taxtmi.com/manuals?id=6905