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2012 (2) TMI 453 - MADHYA PRADESH HIGH COURTExemption in respect of inter-State sales granted by a notification dated February 19, 1991 - whether the petitioner was entitled to continue to avail of the exemption even after the amendment of 2002 without furnishing form C? Held that:- There is no good ground for questioning the legislative competence to prescribe conditions subject to which the exemption can be availed for future transactions. The contention of the learned counsel for the petitioner that the amendment by section 152 of the Finance Act, 2002 has been applied with retrospective effective is not correct. The said Finance Act 2002 casts an obligation of production of form C in respect of transactions which take place subsequent to that amendment. If a person availed of that exemption without production of form C in respect of transactions after the 2002 Amendment, he is liable for such action as may be permissible by law which includes section 28(1) of the Act. W.P. dismissed
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