https://www.taxtmi.com/caselaws?id=211412 Section 41C of the Bombay Sales Tax Act, 1959 is construed so that a certificate of entitlement may be cancelled where its grant is inconsistent with the Act, rules, notifications, or incentive scheme, and the unit ceases to be eligible for exemption only "on and from the date of such cancellation". On that reading, cancellation operates prospectively from the cancellation order and does not relate back to the original grant. The Tribunal's construction was accordingly upheld, and no substantial question of law was found to justify a reference under section 61. en-us Thu, 22 Sep 2011 00:00:00 +0530 Tue, 07 Oct 2014 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211412 Section 41C of the Bombay Sales Tax Act, 1959 is construed so that a certificate of entitlement may be cancelled where its grant is inconsistent with the Act, rules, notifications, or incentive scheme, and the unit ceases to be eligible for exemption only "on and from the date of such cancellation". On that reading, cancellation operates prospectively from the cancellation order and does not relate back to the original grant. The Tribunal's construction was accordingly upheld, and no substantial question of law was found to justify a reference under section 61. Case-Laws VAT and Sales Tax Thu, 22 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211412