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<h1>Supreme Court rules Finance Minister's statement not binding; overturns High Court decision.</h1> The Supreme Court held that the Finance Minister's statement in Parliament is not binding as a promise to stop the realization of disputed cess. The High ... - The Supreme Court held that the Finance Minister's statement in Parliament is not binding as a promise to stop the realization of disputed cess. The High Court's decision based on promissory estoppel was overturned, and the appeal was allowed with no costs. (Case Citation: 1997 (9) TMI 606 - SC)