https://www.taxtmi.com/caselaws?id=160788 An eligibility certificate granting entry tax exemption could not be cancelled retrospectively after the exemption period had expired and the dealer had already fully availed the benefit. The High Court applied the principle that, once the defined exemption period is over and the concession has been enjoyed, the State lacks authority to unsettle that benefit by a later retrospective cancellation; at most, any permissible cancellation during the currency of the period could operate only prospectively. The retrospective cancellation was therefore invalid, and the order quashing the certificate was set aside. en-us Thu, 27 Sep 2001 00:00:00 +0530 Tue, 24 Dec 2013 16:45:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160788 An eligibility certificate granting entry tax exemption could not be cancelled retrospectively after the exemption period had expired and the dealer had already fully availed the benefit. The High Court applied the principle that, once the defined exemption period is over and the concession has been enjoyed, the State lacks authority to unsettle that benefit by a later retrospective cancellation; at most, any permissible cancellation during the currency of the period could operate only prospectively. The retrospective cancellation was therefore invalid, and the order quashing the certificate was set aside. Case-Laws VAT and Sales Tax Thu, 27 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160788