TIOL-DDT 2624 · Monday, 22 June 2015 · story 5 of 8

No Retrospective Legislation - FM Tells US

SPEAKING at several meetings in the United States, Finance Minister Arun Jaitley told the US investors that government will not tax retrospectively. He said

For the future, this is a closed issue. As far as past is concerned, it relates to only some individual companies and the issue is pending before some judicial or dispute redressal mechanism body.

Is the FM aware of the regular, repetitive retrospective anti dumping duty by his CBEC?