1994 (3) TMI 370

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....common questions and so, they are disposed of by this common judgment. T.R.C. No. 167 of 1989 arises out of T.A. No. 626 of 1985 and T.R.C. No. 161 of 1989 out of T.A. No. 178 of 1986. The disputed turnover involved in T.R.C. No. 167 of 1989 is Rs. 1,06,64,589 and in T.R.C. No. 161 of 1989, Rs. 99,09,620. T.R.C. No. 167 of 1989 relates to the assessment year 1980-81 and T.R.C. No. 161 of 1989 r....

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..... Description of goods Point of levy Rate of tax 1. .................     2. Iron and steel, that is to say:           (i) to (v)..........................           (vi) sheets, hoops, strips and skelp, both black and galvanised, hot and cold rolled, plain and c....

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....he skelp, sold the resultant product in rolls. The revisional authority, taking the view that what was sold by the assessee was a different commercial commodity, subjected them to tax at the rates specified in the Third Schedule although in the first instance, when the assessee purchased the hot rolled skelp and strips from M/s. Steel Authority of India Limited, the same suffered tax under the sam....