https://www.taxtmi.com/caselaws?id=168937 A later notification curtailing the benefits of an existing composition scheme cannot be applied retrospectively to dealers who had already opted for the scheme and complied with its terms; the amended scheme operates only prospectively. Where an amended fiscal scheme creates an additional tax burden, the affected dealer must first receive notice and an opportunity of hearing before the liability is imposed. The absence of prior show-cause notice and hearing offends natural justice and renders the additional demand unsustainable. The legal effect is that accrued benefits under a beneficial tax scheme are protected from retrospective curtailment, and fresh tax liability cannot be fastened without procedural fairness. en-us Thu, 23 May 2013 00:00:00 +0530 Mon, 06 Apr 2015 19:54:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168937 A later notification curtailing the benefits of an existing composition scheme cannot be applied retrospectively to dealers who had already opted for the scheme and complied with its terms; the amended scheme operates only prospectively. Where an amended fiscal scheme creates an additional tax burden, the affected dealer must first receive notice and an opportunity of hearing before the liability is imposed. The absence of prior show-cause notice and hearing offends natural justice and renders the additional demand unsustainable. The legal effect is that accrued benefits under a beneficial tax scheme are protected from retrospective curtailment, and fresh tax liability cannot be fastened without procedural fairness. Case-Laws VAT and Sales Tax Thu, 23 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168937