Savings clause preserves pre-repeal rights and ongoing investigations while rescinded tax exemptions cease to operate. Savings provision preserves pre-repeal legal effects: repeal does not revive defunct matters or affect prior operations, rights, obligations or liabilities; taxes, surcharges, penalties, fines, interest, forfeitures and punishments due or incurred remain enforceable; investigations, assessments, adjudications and other proceedings, including appeals and reviews, may be instituted or continued as if the repealed Acts remained in force. A tax exemption granted by notification ceases to operate as a privilege if that notification is rescinded on or after the appointed day, and the general rule on repeal in the General Clauses Act remains applicable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Savings clause preserves pre-repeal rights and ongoing investigations while rescinded tax exemptions cease to operate.
Savings provision preserves pre-repeal legal effects: repeal does not revive defunct matters or affect prior operations, rights, obligations or liabilities; taxes, surcharges, penalties, fines, interest, forfeitures and punishments due or incurred remain enforceable; investigations, assessments, adjudications and other proceedings, including appeals and reviews, may be instituted or continued as if the repealed Acts remained in force. A tax exemption granted by notification ceases to operate as a privilege if that notification is rescinded on or after the appointed day, and the general rule on repeal in the General Clauses Act remains applicable.
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