100% EOU - purchase of certain machinery from another 100 % EOU ...

High Court Rules Notification Retrospective in Machinery Purchase Dispute Between EOUs u/s 25 Amendment.

August 4, 2021

Case Laws     Customs     HC

100% EOU - purchase of certain machinery from another 100 % EOU - Effective date of amendment - From the date of notification or from retrospective effect - The department has misapplied the explanation to Section 25 of the Act with regard to the coming into force of a notification. There appears to be no dispute as to on what date the notification was published, but, when was it given effect to by operation of law. Then, it has to be held that the notification is retrospective, as it is an amendment by substitution. - HC

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