Rescission or Recession
TAKING note of the DDT capsule carried by us yesterday under the title "Scrumptious Circulars!" G Jayaprakash, Advocate and a prolific writer for our columns, brings to my notice the notification 3/2015-ST dated 01.03.2015 which reads - the Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 42/2012-Service Tax, dated 29th June 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide G.S.R.520 (E), dated 29th June 2012, except as respects things done or omitted to be done before such recession.
Perhaps, the Central Government wanted us to read it as "rescission" but somewhere down the line the prevalent state of affairs might have made the notification maker spell it as "recession" - could also be blamed on predictive text technology?
However, this is not the only recession in the Board Notifications. I could find it in at least 6 other notifications - ; ; ; ; ; 70/2007-Cus.
And it is not as if the Board does not know the word rescission - they used it in Customs Circular No. 19/97, dated 12.06.1997.