https://www.taxtmi.com/caselaws?id=160793 A sales tax exemption that has been validly granted, amended in the assessee's favour, and fully acted upon for its operative period is ordinarily not liable to retrospective review or withdrawal after the benefit has been availed. A later attempt to reopen the settled exemption years after expiry, without prior notice or any established allegation of fraud, is treated as unjustified. The operative principle is that completed exemption benefits should not be made conditional or withdrawn retrospectively in the absence of a legally sustainable basis. en-us Thu, 03 Jan 2002 00:00:00 +0530 Tue, 24 Dec 2013 16:58:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160793 A sales tax exemption that has been validly granted, amended in the assessee's favour, and fully acted upon for its operative period is ordinarily not liable to retrospective review or withdrawal after the benefit has been availed. A later attempt to reopen the settled exemption years after expiry, without prior notice or any established allegation of fraud, is treated as unjustified. The operative principle is that completed exemption benefits should not be made conditional or withdrawn retrospectively in the absence of a legally sustainable basis. Case-Laws VAT and Sales Tax Thu, 03 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160793