https://www.taxtmi.com/caselaws?id=173742 A later government order excluding rice and by-products manufactured from paddy from an exemption entry was held to be substantive, not merely clarificatory, and therefore prospective. The earlier exemption for units of the Khadi Gram Udyog Board was treated as covering processing, packaging and marketing of cereals, including rice, for assessment year 2001-02. Because the assessment year predated the exclusionary notification, the later order could not be applied retrospectively to justify escaped-assessment proceedings or reassessment under Section 21(2). The reassessment was accordingly invalid, and the assessee's exemption claim for that year could not be denied on a retrospective basis. en-us Fri, 12 Apr 2013 00:00:00 +0530 Sat, 23 Jul 2016 23:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173742 A later government order excluding rice and by-products manufactured from paddy from an exemption entry was held to be substantive, not merely clarificatory, and therefore prospective. The earlier exemption for units of the Khadi Gram Udyog Board was treated as covering processing, packaging and marketing of cereals, including rice, for assessment year 2001-02. Because the assessment year predated the exclusionary notification, the later order could not be applied retrospectively to justify escaped-assessment proceedings or reassessment under Section 21(2). The reassessment was accordingly invalid, and the assessee's exemption claim for that year could not be denied on a retrospective basis. Case-Laws VAT and Sales Tax Fri, 12 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173742