https://www.taxtmi.com/caselaws?id=159028 The court held that the revisional authority lacked the power to withdraw tax exemption benefits granted by competent authorities. It emphasized that only the authorities issuing eligibility and exemption certificates could modify or cancel them. The court also ruled that procedural requirements for obtaining certificates were met and that the levy of interest on tax deemed due was unjustified since no tax was payable under the exemption scheme. Consequently, the court quashed the orders of the revisional authority and Sales Tax Tribunal, allowing the writ petition without costs. en-us Fri, 26 Jul 1996 00:00:00 +0530 Wed, 13 Nov 2013 15:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159028 The court held that the revisional authority lacked the power to withdraw tax exemption benefits granted by competent authorities. It emphasized that only the authorities issuing eligibility and exemption certificates could modify or cancel them. The court also ruled that procedural requirements for obtaining certificates were met and that the levy of interest on tax deemed due was unjustified since no tax was payable under the exemption scheme. Consequently, the court quashed the orders of the revisional authority and Sales Tax Tribunal, allowing the writ petition without costs. Case-Laws VAT and Sales Tax Fri, 26 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159028