JAYAM & CO. vs ASSISTANT COMMISSIONER

The Supreme Court addressed the constitutional validity of sub-section (20) of Section 19 of the Tamil Nadu Value Added Tax Act, 2006, which was given retrospective effect from January 01, 2007. The Court held that the provision was not confiscatory or arbitrary, thus not violating Article 14 and Article 19(1)(g) of the Constitution. The High Court's judgment rejecting the dealers' challenge was upheld, and the special leave petitions were granted only to the extent of examining the retrospectivity of the provision.