https://www.taxtmi.com/caselaws?id=262187 Government Orders fixing MRP inclusive of 15% VAT from 01.04.2014 were treated as valid executive action and, since they were neither withdrawn nor superseded, the reduced rate was held to operate from that date. On a harmonious reading of the relevant orders, the demand to levy 20% VAT for the intervening period up to 22.06.2014 was found unsustainable. The analysis also notes that sales were made on the basis of the notified MRP, supporting legitimate expectation and promissory estoppel, and that a later higher levy for the earlier period would be arbitrary and inconsistent with Article 14. en-us Wed, 08 Jul 2015 00:00:00 +0530 Fri, 10 Jun 2016 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262187 Government Orders fixing MRP inclusive of 15% VAT from 01.04.2014 were treated as valid executive action and, since they were neither withdrawn nor superseded, the reduced rate was held to operate from that date. On a harmonious reading of the relevant orders, the demand to levy 20% VAT for the intervening period up to 22.06.2014 was found unsustainable. The analysis also notes that sales were made on the basis of the notified MRP, supporting legitimate expectation and promissory estoppel, and that a later higher levy for the earlier period would be arbitrary and inconsistent with Article 14. Case-Laws VAT and Sales Tax Wed, 08 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262187