Rule 43 Exclusion Amendment for MEIS Scrips Applies Prospectively, but Extended Limitation Under Section 74 Cannot Be Invoked Without Fraud
Rule 43 Exclusion Amendment for MEIS Scrips Applies Prospectively, but Extended Limitation Under Section 74 Cannot Be Invoked Without Fraud Issue Whether the amendment to Rule 43 excluding the value of MEIS Duty Scrips from exempt supplies applies retrospectively, and whether extended limitation under Section 74(1) can be invoked without proven fraud or suppression. Facts… Read More »