https://www.taxtmi.com/caselaws?id=767566 Chhattisgarh HC ruled that notification dated 31-10-2006 making C-Form production mandatory for CST Act Section 8(5) exemption would not apply retrospectively to petitioner company. The company had received absolute exemption from 22-9-1996 under earlier notification dated 3-6-1993 for investing over Rs. 1,000 crores in integrated steel plant. Following SC precedent in Prism Cement Limited case, the court held that 2002 amendment to Section 8(5) requiring C-Form applies prospectively only to subsequent eligibility certificates, not existing exemptions. Petitioner's exemption continued until GST implementation on 30-6-2017. Petition allowed. en-us Tue, 11 Mar 2025 00:00:00 +0530 Fri, 21 Mar 2025 08:25:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767566 Chhattisgarh HC ruled that notification dated 31-10-2006 making C-Form production mandatory for CST Act Section 8(5) exemption would not apply retrospectively to petitioner company. The company had received absolute exemption from 22-9-1996 under earlier notification dated 3-6-1993 for investing over Rs. 1,000 crores in integrated steel plant. Following SC precedent in Prism Cement Limited case, the court held that 2002 amendment to Section 8(5) requiring C-Form applies prospectively only to subsequent eligibility certificates, not existing exemptions. Petitioner's exemption continued until GST implementation on 30-6-2017. Petition allowed. Case-Laws VAT / Sales Tax Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767566