https://www.taxtmi.com/caselaws?id=289206 A tax notification on motor vehicles was treated as a compensatory and regulatory levy, and the Court held that a reasonable territorial classification tied to reciprocal State arrangements did not violate Article 14 or the freedom of trade and commerce under Articles 301 and 304(b). The constitutional challenge therefore failed. However, the Court held that delegated legislative power does not include an implied authority to withdraw an exemption retrospectively unless the statute expressly or necessarily authorises it. Because the Act required advance tax payment and contained no such authorisation, the retrospective cancellation of exemption was invalid. en-us Thu, 06 Apr 1967 00:00:00 +0530 Mon, 20 Jul 2020 14:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289206 A tax notification on motor vehicles was treated as a compensatory and regulatory levy, and the Court held that a reasonable territorial classification tied to reciprocal State arrangements did not violate Article 14 or the freedom of trade and commerce under Articles 301 and 304(b). The constitutional challenge therefore failed. However, the Court held that delegated legislative power does not include an implied authority to withdraw an exemption retrospectively unless the statute expressly or necessarily authorises it. Because the Act required advance tax payment and contained no such authorisation, the retrospective cancellation of exemption was invalid. Case-Laws Indian Laws Thu, 06 Apr 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289206