Tax Exemption Denied as Ambiguity Must Be Interpreted in Favour of Revenue: SC

Commissioner of Customs (Import) Vs Dilip Kumar And Company & Ors. (Supreme Court of India) The Constitution Bench of the Supreme Court of India examined the correct interpretative approach for tax exemption notifications under fiscal statutes in Commissioner of Customs (Import) v. Dilip Kumar & Co. The reference arose due to conflicting judicial views, particularly the ruling in Sun Export Corporation, which held that ambiguity in exemption provisions should be interpreted in favour of the assessee. Doubts were raised regarding this principle, leading to reconsideration by a larger Be...