https://www.taxtmi.com/caselaws?id=289743 Substitution of Section 21(1) of the Odisha Value Added Tax Act was construed as prospective only, because in tax law an amended provision will not apply retrospectively unless the legislature expressly provides or clearly implies that result. The Court applied the law as it stood on the date of the taxing event and rejected reliance on authorities dealing with declaratory or curative statutes in other contexts. On that construction, the petitioner could not claim retrospective set-off under the substituted text, and the challenge to the rejection of the set-off claim failed, subject to liberty to seek refund before the Assessing Officer if excess payment had in fact been made. en-us Wed, 13 Nov 2019 00:00:00 +0530 Tue, 14 Apr 2026 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289743 Substitution of Section 21(1) of the Odisha Value Added Tax Act was construed as prospective only, because in tax law an amended provision will not apply retrospectively unless the legislature expressly provides or clearly implies that result. The Court applied the law as it stood on the date of the taxing event and rejected reliance on authorities dealing with declaratory or curative statutes in other contexts. On that construction, the petitioner could not claim retrospective set-off under the substituted text, and the challenge to the rejection of the set-off claim failed, subject to liberty to seek refund before the Assessing Officer if excess payment had in fact been made. Case-Laws VAT / Sales Tax Wed, 13 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289743