https://www.taxtmi.com/caselaws?id=262177 Eligibility for exemption under Notification No. 21/2002 depended on satisfaction of the then-applicable condition of modernisation. On the facts found by the authorities, the unit had only undergone capacity expansion, not modernisation, so the appellant did not qualify for the benefit at the relevant time. The later amendment extending the notification to capacity expansion was held to be prospective because it was not clarificatory in nature. The appellant therefore could not invoke the amended wording to claim retrospective relief. en-us Fri, 15 May 2015 00:00:00 +0530 Thu, 20 Aug 2015 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262177 Eligibility for exemption under Notification No. 21/2002 depended on satisfaction of the then-applicable condition of modernisation. On the facts found by the authorities, the unit had only undergone capacity expansion, not modernisation, so the appellant did not qualify for the benefit at the relevant time. The later amendment extending the notification to capacity expansion was held to be prospective because it was not clarificatory in nature. The appellant therefore could not invoke the amended wording to claim retrospective relief. Case-Laws Customs Fri, 15 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262177