https://www.taxtmi.com/caselaws?id=175447 Bamboo contracts were treated as contractual rights dependent on the agreements themselves, not as independent profits a prendre, so they did not survive a valid statutory rescission. The commencement power under Section 1(3) was characterised as conditional legislation because the legislature fixed the policy, subject matter, and field of operation, leaving only the timing and extent of commencement to the State. The subsequent amendments and notifications validly extended the Act to bamboo in Government forests and rescinded inconsistent contracts from the notified date. The constitutional challenge failed because the scheme was a lawful trade-regulation measure aimed at State control of forest produce and public interest. en-us Tue, 30 Oct 1990 00:00:00 +0530 Mon, 26 May 2025 17:11:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175447 Bamboo contracts were treated as contractual rights dependent on the agreements themselves, not as independent profits a prendre, so they did not survive a valid statutory rescission. The commencement power under Section 1(3) was characterised as conditional legislation because the legislature fixed the policy, subject matter, and field of operation, leaving only the timing and extent of commencement to the State. The subsequent amendments and notifications validly extended the Act to bamboo in Government forests and rescinded inconsistent contracts from the notified date. The constitutional challenge failed because the scheme was a lawful trade-regulation measure aimed at State control of forest produce and public interest. Case-Laws VAT / Sales Tax Tue, 30 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175447