https://www.taxtmi.com/caselaws?id=340891 A revised security deposit could not be applied retrospectively to a pending transporter registration application where the earlier memorandum had already fixed and approved the security requirement. Registration under the Tripura Value Added Tax Act and Rules was governed by the security regime in force when the amount was demanded and determined, and the later memorandum expressly operated prospectively. The enhanced security therefore could not reopen the completed determination or justify an additional demand, and the applicant remained entitled to registration on the security already deposited. en-us Fri, 15 Jul 2016 00:00:00 +0530 Wed, 29 Mar 2017 06:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340891 A revised security deposit could not be applied retrospectively to a pending transporter registration application where the earlier memorandum had already fixed and approved the security requirement. Registration under the Tripura Value Added Tax Act and Rules was governed by the security regime in force when the amount was demanded and determined, and the later memorandum expressly operated prospectively. The enhanced security therefore could not reopen the completed determination or justify an additional demand, and the applicant remained entitled to registration on the security already deposited. Case-Laws VAT and Sales Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340891