https://www.taxtmi.com/article/detailed?id=15237 The core issue is whether confiscatory excise powers can be sustained after their omission and whether retrospective validation can revive an extinguished rule. The Supreme Court treated confiscation under an omitted rule as void, held that preservation provisions do not revive deleted powers, and confirmed that SARFAESI's special, overriding effect can displace competing excise recovery where omission and timing enabled secured creditors to perfect charges. Administrative delay and lender conduct exploiting the omission created practical barriers to departmental recovery, highlighting constitutional concerns and the need for coordinated enforcement. en-us Tue, 14 Oct 2025 09:40:18 +0530 Tue, 14 Oct 2025 09:40:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15237 The core issue is whether confiscatory excise powers can be sustained after their omission and whether retrospective validation can revive an extinguished rule. The Supreme Court treated confiscation under an omitted rule as void, held that preservation provisions do not revive deleted powers, and confirmed that SARFAESI's special, overriding effect can displace competing excise recovery where omission and timing enabled secured creditors to perfect charges. Administrative delay and lender conduct exploiting the omission created practical barriers to departmental recovery, highlighting constitutional concerns and the need for coordinated enforcement. Articles Central Excise Tue, 14 Oct 2025 09:40:18 +0530 https://www.taxtmi.com/article/detailed?id=15237