https://www.taxtmi.com/caselaws?id=168961 Section 30A of the Punjab General Sales Tax Act, 1948 originally did not extend exemption to units already covered by the Industrial Policy, 1989. The later proviso and Explanation, effective from 14 November 1992, clarified that industries that came into production on or after 1 April 1989 could obtain exemption and linked the provision to the 1989 policy. Because the application was already pending when this amendment came into force, the right to seek exemption arose only on insertion of the proviso, and the claim could not be rejected as time-barred. The rejection on limitation was therefore unsustainable. en-us Mon, 16 Sep 2013 00:00:00 +0530 Mon, 06 Apr 2015 20:05:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168961 Section 30A of the Punjab General Sales Tax Act, 1948 originally did not extend exemption to units already covered by the Industrial Policy, 1989. The later proviso and Explanation, effective from 14 November 1992, clarified that industries that came into production on or after 1 April 1989 could obtain exemption and linked the provision to the 1989 policy. Because the application was already pending when this amendment came into force, the right to seek exemption arose only on insertion of the proviso, and the claim could not be rejected as time-barred. The rejection on limitation was therefore unsustainable. Case-Laws VAT and Sales Tax Mon, 16 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168961