https://www.taxtmi.com/caselaws?id=157459 A competent Legislature may retrospectively amend and validate a fiscal law to cure a drafting defect and clarify the intended scope of a tax exemption, and such retrospective operation will not be invalid merely because it creates hardship or prevents the tax burden from being passed on. The Bombay HC accepted that the amendment defining an edible oil unit and validating past assessments under the Bombay Sales Tax Act had a rational basis as a legislative correction following earlier judicial interpretation. It held that the retrospective amendment was neither arbitrary nor unreasonable and did not violate Article 14. en-us Mon, 16 Apr 1990 00:00:00 +0530 Sat, 05 Oct 2013 17:04:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157459 A competent Legislature may retrospectively amend and validate a fiscal law to cure a drafting defect and clarify the intended scope of a tax exemption, and such retrospective operation will not be invalid merely because it creates hardship or prevents the tax burden from being passed on. The Bombay HC accepted that the amendment defining an edible oil unit and validating past assessments under the Bombay Sales Tax Act had a rational basis as a legislative correction following earlier judicial interpretation. It held that the retrospective amendment was neither arbitrary nor unreasonable and did not violate Article 14. Case-Laws VAT and Sales Tax Mon, 16 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157459