https://www.taxtmi.com/caselaws?id=221988 The CESTAT affirmed the Commissioner (Appeals) decision allowing the appellant to maintain the credit taken despite rescission of notifications. The High Court, relying on a previous Division Bench decision, held that rights acquired under a statutory provision cannot be taken away retrospectively without explicit statutory provision or necessary implication. The Court emphasized the impact of retrospective alteration on parties' rights, leading to the dismissal of the tax appeal as no substantial question of law arose for consideration. en-us Tue, 14 Aug 2012 00:00:00 +0530 Tue, 09 Apr 2013 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221988 The CESTAT affirmed the Commissioner (Appeals) decision allowing the appellant to maintain the credit taken despite rescission of notifications. The High Court, relying on a previous Division Bench decision, held that rights acquired under a statutory provision cannot be taken away retrospectively without explicit statutory provision or necessary implication. The Court emphasized the impact of retrospective alteration on parties' rights, leading to the dismissal of the tax appeal as no substantial question of law arose for consideration. Case-Laws Central Excise Tue, 14 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221988