State Govt Can’t Modify Assessee Rights Under CST Act Without Revoking Entitlement Certificate: SC

State of Maharashtra & Ors. Vs Prism Cement Limited & Anr. (Supreme Court of India)

Supreme Court held that State Government while applying amendment of Section 8(5) of the Central Sales Tax Act by the Finance Act, 2002 was not justified in taking away right accrued to assessee without revoking entitlement certificate.

Facts- The assessee-respondent Prism Cement Limited, a public limited company, invoked the extraordinary writ jurisdiction of the High Court, challenging the three trade circulars issued by the Commissioner of Sales Tax, Mumbai on 27.0

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