https://www.taxtmi.com/caselaws?id=160485 A concessional sales tax notification must be construed by its clear language, and a concession expressed for bullion and specie with the word "gold" was held to cover only gold bullion and specie. Silver bullion could not be brought within the reduced rate by interpretation, and the later omission of the word "gold" in a subsequent notification did not operate retrospectively to expand the earlier concession. The contemporaneous administrative clarification was also treated as supporting the restricted reading, with no ambiguity found to justify a liberal construction in favour of the assessee. The reassessment taxing silver bullion at the normal rate was sustained. en-us Fri, 27 Apr 2001 00:00:00 +0530 Wed, 18 Dec 2013 18:38:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160485 A concessional sales tax notification must be construed by its clear language, and a concession expressed for bullion and specie with the word "gold" was held to cover only gold bullion and specie. Silver bullion could not be brought within the reduced rate by interpretation, and the later omission of the word "gold" in a subsequent notification did not operate retrospectively to expand the earlier concession. The contemporaneous administrative clarification was also treated as supporting the restricted reading, with no ambiguity found to justify a liberal construction in favour of the assessee. The reassessment taxing silver bullion at the normal rate was sustained. Case-Laws VAT and Sales Tax Fri, 27 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160485