https://www.taxtmi.com/caselaws?id=158592 A statutory sales tax exemption subject to later procurement of an exemption certificate may operate retrospectively when the assessee's genuineness has already been certified for the relevant period. The administrative requirement to obtain the exemption certificate does not defeat the substantive exemption where the certificate of genuineness necessarily covers the assessment year in question. On that basis, the exemption was treated as effective from the date of the genuineness certificate, and the assessee was not liable to sales tax or the related penalty. en-us Fri, 07 Feb 1997 00:00:00 +0530 Fri, 01 Nov 2013 12:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158592 A statutory sales tax exemption subject to later procurement of an exemption certificate may operate retrospectively when the assessee's genuineness has already been certified for the relevant period. The administrative requirement to obtain the exemption certificate does not defeat the substantive exemption where the certificate of genuineness necessarily covers the assessment year in question. On that basis, the exemption was treated as effective from the date of the genuineness certificate, and the assessee was not liable to sales tax or the related penalty. Case-Laws VAT and Sales Tax Fri, 07 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158592