https://www.taxtmi.com/caselaws?id=257496 Under Section 10 of the Kerala General Sales Tax Act, an exemption already operating under an earlier notification could not be withdrawn retrospectively by a later notification, because cancellation or variation of an exemption notification is prospective only. The exemption on purchase turnover of rubber used in the manufacture of centrifuged latex and crumb rubber was therefore preserved for the earlier period. The document also states that the conversion of field latex into centrifuged latex and crumb rubber was treated as a manufacturing activity for the exemption scheme, since the notifications themselves proceeded on that basis. Denial of the exemption on either ground was unsustainable, and the assessments and reopening steps based on that denial were set aside to the extent indicated. en-us Sat, 20 Sep 2014 00:00:00 +0530 Fri, 13 Mar 2015 12:19:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257496 Under Section 10 of the Kerala General Sales Tax Act, an exemption already operating under an earlier notification could not be withdrawn retrospectively by a later notification, because cancellation or variation of an exemption notification is prospective only. The exemption on purchase turnover of rubber used in the manufacture of centrifuged latex and crumb rubber was therefore preserved for the earlier period. The document also states that the conversion of field latex into centrifuged latex and crumb rubber was treated as a manufacturing activity for the exemption scheme, since the notifications themselves proceeded on that basis. Denial of the exemption on either ground was unsustainable, and the assessments and reopening steps based on that denial were set aside to the extent indicated. Case-Laws VAT and Sales Tax Sat, 20 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257496