https://www.taxtmi.com/caselaws?id=400265 The Rajasthan Investment Promotion Scheme, 2003 did not originally make the reassessment machinery under the Rajasthan Value Added Tax Act, 2003 applicable to subsidy orders, so the assessing authority lacked power to reopen them under Section 26. The 2008 amendment added only rectification under Section 33, which confirmed that reopening power was still absent. Although the 2010 and 2014 Schemes expressly applied the Act, those later provisions could not be imported into the 2003 Scheme. The 2018 amendment inserting Clause 9A operated only from 1 July 2017, and its limited retrospectivity could not be extended further back. The reassessment orders were therefore without jurisdiction, and the revision petitions failed. en-us Mon, 12 Oct 2020 00:00:00 +0530 Sat, 31 Oct 2020 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400265 The Rajasthan Investment Promotion Scheme, 2003 did not originally make the reassessment machinery under the Rajasthan Value Added Tax Act, 2003 applicable to subsidy orders, so the assessing authority lacked power to reopen them under Section 26. The 2008 amendment added only rectification under Section 33, which confirmed that reopening power was still absent. Although the 2010 and 2014 Schemes expressly applied the Act, those later provisions could not be imported into the 2003 Scheme. The 2018 amendment inserting Clause 9A operated only from 1 July 2017, and its limited retrospectivity could not be extended further back. The reassessment orders were therefore without jurisdiction, and the revision petitions failed. Case-Laws VAT and Sales Tax Mon, 12 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400265