https://www.taxtmi.com/caselaws?id=256610 An amendment to section 4-A(2-B) of the U.P. Trade Tax Act enlarging "successor manufacturer" to include succession by sale, licence, contract, lease, managing agency or other modes was treated as clarificatory and retrospective because it removed a difficulty and supplied an obvious omission in the exemption scheme. The exemption was directed to the industrial unit's character, not merely the identity of its operator, so a change in management or possession could suffice. On that construction, a licensee running the unit fell within the expanded meaning of successor manufacturer and remained entitled to the tax exemption for the unexpired period. en-us Tue, 10 Feb 2015 00:00:00 +0530 Wed, 28 Oct 2015 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256610 An amendment to section 4-A(2-B) of the U.P. Trade Tax Act enlarging "successor manufacturer" to include succession by sale, licence, contract, lease, managing agency or other modes was treated as clarificatory and retrospective because it removed a difficulty and supplied an obvious omission in the exemption scheme. The exemption was directed to the industrial unit's character, not merely the identity of its operator, so a change in management or possession could suffice. On that construction, a licensee running the unit fell within the expanded meaning of successor manufacturer and remained entitled to the tax exemption for the unexpired period. Case-Laws VAT and Sales Tax Tue, 10 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256610