https://www.taxtmi.com/caselaws?id=163780 A beneficial tax clarification may be withdrawn, but the withdrawal cannot operate retrospectively to deprive the dealer of the benefit already conferred for the earlier period. The Court treated the clarification as an interpretation of the statutory entry and held that, although administrative clarifications do not override the statute, a later clarification altering an existing favourable position applies only prospectively from its date of issue. The impugned clarification was therefore effective only from 11 December 2007, and the earlier 4 per cent treatment continued to govern the prior period. en-us Wed, 17 Sep 2008 00:00:00 +0530 Fri, 28 Nov 2014 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163780 A beneficial tax clarification may be withdrawn, but the withdrawal cannot operate retrospectively to deprive the dealer of the benefit already conferred for the earlier period. The Court treated the clarification as an interpretation of the statutory entry and held that, although administrative clarifications do not override the statute, a later clarification altering an existing favourable position applies only prospectively from its date of issue. The impugned clarification was therefore effective only from 11 December 2007, and the earlier 4 per cent treatment continued to govern the prior period. Case-Laws VAT and Sales Tax Wed, 17 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163780