https://www.taxtmi.com/caselaws?id=127393 A notification under section 3-A of the U.P. Sales Tax Act was treated as prospective and confined to sales made after it came into force. The text and stock-declaration requirement showed that the enhanced single-point rate applied only to goods in circulation after the notification, not to sales already completed in the preceding year. The scheme of sections 3 and 7 indicated that liability on the previous year's turnover had already accrued at the then prevailing rate, so a later notification could not retrospectively increase that burden. Section 7-B(2), introduced later, was inapplicable because it governed rate variations occurring during the assessment year after its commencement. en-us Mon, 25 Apr 1955 00:00:00 +0530 Fri, 08 Mar 2013 12:59:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127393 A notification under section 3-A of the U.P. Sales Tax Act was treated as prospective and confined to sales made after it came into force. The text and stock-declaration requirement showed that the enhanced single-point rate applied only to goods in circulation after the notification, not to sales already completed in the preceding year. The scheme of sections 3 and 7 indicated that liability on the previous year's turnover had already accrued at the then prevailing rate, so a later notification could not retrospectively increase that burden. Section 7-B(2), introduced later, was inapplicable because it governed rate variations occurring during the assessment year after its commencement. Case-Laws VAT and Sales Tax Mon, 25 Apr 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127393