https://www.taxtmi.com/caselaws?id=105252 The retrospective explanation to the first proviso to section 5(1-A) of the Karnataka Sales Tax Act was upheld as a declaratory clarification of the existing scheme, not as the creation of a new tax burden. The Court held that turnover for the proviso meant taxable turnover and excluded tax, so the intermediary-sale deduction was to be computed without adding the tax component. Retrospective taxation is valid if it is not arbitrary or unreasonable, and commercial hardship from inability to pass on tax does not by itself invalidate the levy. Statutory limits on collecting tax from consumers did not entitle the dealer to relief from a legally payable tax. en-us Tue, 10 Sep 2002 00:00:00 +0530 Fri, 30 Aug 2013 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105252 The retrospective explanation to the first proviso to section 5(1-A) of the Karnataka Sales Tax Act was upheld as a declaratory clarification of the existing scheme, not as the creation of a new tax burden. The Court held that turnover for the proviso meant taxable turnover and excluded tax, so the intermediary-sale deduction was to be computed without adding the tax component. Retrospective taxation is valid if it is not arbitrary or unreasonable, and commercial hardship from inability to pass on tax does not by itself invalidate the levy. Statutory limits on collecting tax from consumers did not entitle the dealer to relief from a legally payable tax. Case-Laws VAT and Sales Tax Tue, 10 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105252