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TMI Blog2017 (5) TMI 129X X X X Extracts X X X X X X X X Extracts X X X X ..... - Held that: - It is admitted that steel wire is a distinct commodity brought into existence pursuant to manufacturing process undertaken. Since a new commodity has come into existence pursuant to manufacturing activity, Tribunal was not justified in relying the circular to hold that tax is not payable upon such commodity, on the ground that tax was paid upon the rod used for manufacturing - appe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... purchase of steel rod. Learned Standing Counsel has placed notification dated 4th March, 2002, which interprets a previous circular issued on 25.1.2002, issued in furtherance of certain interim orders passed by the Lucknow Bench of this Court in similar matters. Attention of the Court is invited to a decision of Apex Court in M/s. Bansal Wire Industries Ltd. Another Vs. State of U.P. and oth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... each series of sales. When one commercial commodity is, by manufacturing process etc., transformed into another, it becomes a separate commodity for sales tax purposes. If iron bars were drawn into wire , such wire shall be a different taxable commodity. 33. It is thus clear, that the language used in entry no. (ix) is plain and unambiguous and that the items which are mentioned there are t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ffect to. It is also one of the cardinal principles of interpretation of any statue that some meaning must be given to the words used in the section. Expression Wire rods and wires which is mentioned in item no. (xv) would not and cannot cover the expression tools, alloy and special steels of entry no. (ix) nor it would refer to the expression Iron and Steel as each item used in entry nos. ( ..... X X X X Extracts X X X X X X X X Extracts X X X X
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