https://www.taxtmi.com/caselaws?id=42086 A validating fiscal amendment was analysed as retrospectively withdrawing an earlier exemption from additional excise duty for the relevant period. The text states that a validating statute within legislative competence may override the prior exemption and deem the levy and collection valid retrospectively. It also notes that retrospective tax legislation is not invalid merely because it removes an earlier benefit, that a bare allegation of Article 14 discrimination fails without specific facts, and that promissory estoppel cannot resist a statutory levy or validating law. The amendment and retrospective recovery were therefore sustained. en-us Fri, 07 Mar 1986 00:00:00 +0530 Wed, 09 Jun 2010 10:33:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42086 A validating fiscal amendment was analysed as retrospectively withdrawing an earlier exemption from additional excise duty for the relevant period. The text states that a validating statute within legislative competence may override the prior exemption and deem the levy and collection valid retrospectively. It also notes that retrospective tax legislation is not invalid merely because it removes an earlier benefit, that a bare allegation of Article 14 discrimination fails without specific facts, and that promissory estoppel cannot resist a statutory levy or validating law. The amendment and retrospective recovery were therefore sustained. Case-Laws Central Excise Fri, 07 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42086