Supreme Court of India
Jay Mahakali Rolling Mills v. Union of India and Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
1 Supreme Court bench has cited this judgment.
From the headnote
Central Excise-Circular issued with regard to amendment relatable to Central Excise Notification whereby bars and rods made from ship breaking scrap were exempted from excise duty-Word "now" used as prefix before the word "exempt"-Held: Effect of the word "now" is that it is to operate henceforth-Amendment was intended to have prospective effect. Words and Phrases-Words 'now' and 'retrospective '-Meaning of Interpretation of Statutes-Retroactive statute-Held: Means a statute, which creates a new obligation on transactions or considerations or destroys or impairs vested rights. Circular dated
Where later benches applied it
Of those, 1 referred to
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