https://www.taxtmi.com/caselaws?id=153073 A retrospective validating amendment to the State Act, together with the corresponding amendment to the Central Sales Tax law, was treated as curing prior assessments made against dissolved firms; the later provision was held procedural in character and effective to validate those assessments. A tax recovery direction under the State Act, even when executed by the Magistrate in the manner of a fine, was held to remain recovery of tax and not a penal fine, so the six-year limitation for recovery of fines under the Penal Code did not apply. The commentary concludes that both the assessment challenge and the recovery challenge failed. en-us Tue, 22 Jul 1980 00:00:00 +0530 Wed, 17 Jul 2013 11:54:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153073 A retrospective validating amendment to the State Act, together with the corresponding amendment to the Central Sales Tax law, was treated as curing prior assessments made against dissolved firms; the later provision was held procedural in character and effective to validate those assessments. A tax recovery direction under the State Act, even when executed by the Magistrate in the manner of a fine, was held to remain recovery of tax and not a penal fine, so the six-year limitation for recovery of fines under the Penal Code did not apply. The commentary concludes that both the assessment challenge and the recovery challenge failed. Case-Laws VAT and Sales Tax Tue, 22 Jul 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153073