https://www.taxtmi.com/caselaws?id=150604 A retrospective amendment deeming khandsari molasses and gur-lauta to be different goods displaced the earlier judicial view that had treated them as the same commodity, so the turnover of molasses remained taxable. The retrospective change removed the legal foundation of the prior exemption-based ruling. Once the law was so amended, the molasses turnover was regarded as having escaped assessment, and reopening under the escaped-assessment provision was valid despite the earlier quashing of the assessment order. The reassessment proceedings were therefore sustainable. en-us Tue, 29 Jan 1974 00:00:00 +0530 Mon, 20 May 2013 12:56:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150604 A retrospective amendment deeming khandsari molasses and gur-lauta to be different goods displaced the earlier judicial view that had treated them as the same commodity, so the turnover of molasses remained taxable. The retrospective change removed the legal foundation of the prior exemption-based ruling. Once the law was so amended, the molasses turnover was regarded as having escaped assessment, and reopening under the escaped-assessment provision was valid despite the earlier quashing of the assessment order. The reassessment proceedings were therefore sustainable. Case-Laws VAT and Sales Tax Tue, 29 Jan 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150604