https://www.taxtmi.com/caselaws?id=128740 A sales tax exemption granted by notification applies only while that notification remains in force for the relevant commodity. A licence obtained under the rules as a condition for availing the exemption does not extend the exemption period or create a vested right to continue it after the notification is withdrawn. Once copra was deleted from the exempted goods by the later notification, exemption ceased from that date and tax liability arose accordingly, even though the dealer's licence had not expired. The withdrawal was therefore effective prospectively from its operative date and did not depend on the remaining life of the licence. en-us Tue, 23 Oct 1962 00:00:00 +0530 Wed, 10 Apr 2013 16:58:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128740 A sales tax exemption granted by notification applies only while that notification remains in force for the relevant commodity. A licence obtained under the rules as a condition for availing the exemption does not extend the exemption period or create a vested right to continue it after the notification is withdrawn. Once copra was deleted from the exempted goods by the later notification, exemption ceased from that date and tax liability arose accordingly, even though the dealer's licence had not expired. The withdrawal was therefore effective prospectively from its operative date and did not depend on the remaining life of the licence. Case-Laws VAT and Sales Tax Tue, 23 Oct 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128740