https://www.taxtmi.com/caselaws?id=157433 A revisional proceeding under the Kerala General Sales Tax Act could not be used to mount a direct ultra vires challenge to the Finance Act, so the statutory validity issue was not maintainable in revision. The Court also held that a State Legislature may enact retrospective fiscal legislation, and that the enhancement of tax on rubber from 5 per cent to 6 per cent with effect from 1 July 1987 was not shown to be unreasonable or unconstitutional. The retrospective levy was therefore upheld and the enhanced rate remained operative for the relevant period. en-us Tue, 23 Feb 1993 00:00:00 +0530 Sat, 05 Oct 2013 15:23:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157433 A revisional proceeding under the Kerala General Sales Tax Act could not be used to mount a direct ultra vires challenge to the Finance Act, so the statutory validity issue was not maintainable in revision. The Court also held that a State Legislature may enact retrospective fiscal legislation, and that the enhancement of tax on rubber from 5 per cent to 6 per cent with effect from 1 July 1987 was not shown to be unreasonable or unconstitutional. The retrospective levy was therefore upheld and the enhanced rate remained operative for the relevant period. Case-Laws VAT and Sales Tax Tue, 23 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157433