https://www.taxtmi.com/caselaws?id=104936 Retrospective recovery of sales tax was disallowed where concessional notifications for locally manufactured television sets and components had been acted upon before being quashed. The Court held that, on grounds of justice and equity, the State could not demand the differential tax between the concessional rate and the normal rate after invalidation of the exemption or concession, because the manufacturers had altered their position in reliance on the notifications. Relief was granted against collection of the amounts that became payable only due to the quashing of the notifications, and the writ petitions were allowed. en-us Thu, 24 Sep 1998 00:00:00 +0530 Fri, 20 Dec 2013 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104936 Retrospective recovery of sales tax was disallowed where concessional notifications for locally manufactured television sets and components had been acted upon before being quashed. The Court held that, on grounds of justice and equity, the State could not demand the differential tax between the concessional rate and the normal rate after invalidation of the exemption or concession, because the manufacturers had altered their position in reliance on the notifications. Relief was granted against collection of the amounts that became payable only due to the quashing of the notifications, and the writ petitions were allowed. Case-Laws VAT and Sales Tax Thu, 24 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104936