Very important SC decision delivered today by 5 members constitutional bench in the case of Dilip Kumar & Co
Tax exemption clause/ notification to be read strictly. If there is ambiguity, it must be interpreted in favour of revenue. Ratio of Sun Exports overruled.
[button color=”” size=”” type=”round” target=”” link=”https://drive.google.com/file/d/0BxR9OWNe1BQOajFpUUxMWnEwRWYxVXJKWXcwMEY5b3FJRzBj/view?usp=sharing”]click to download [/button]
