Retrospective Tax Amendment: Paid VAT and Sales Tax Must Be Refunded as No Amount Was Legally Payable.

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....Refund - retrospective exemption - though it states that any amount deposited will not be refundable but, when no amount was legally payable on the basis of retrospective amendment than no amount was “payable” and if amount paid than in terms of the aforesaid notification the amount cannot be retained and thus has to be refunded- HC....