https://www.taxtmi.com/caselaws?id=80200 The Court dismissed the Petition challenging the levy of additional duty and the withdrawal of exemption from auxiliary duty. The Court held that the Government had the power to withdraw the exemption, citing precedents that exemptions are concessions revocable without violating promissory estoppel. The Court found no arbitrariness in the withdrawal and directed the Petitioners to pay duty at prevailing rates, renew their Bank Guarantee for interim relief, failing which would disadvantage them. en-us Thu, 07 Dec 1989 00:00:00 +0530 Thu, 18 Aug 2011 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80200 The Court dismissed the Petition challenging the levy of additional duty and the withdrawal of exemption from auxiliary duty. The Court held that the Government had the power to withdraw the exemption, citing precedents that exemptions are concessions revocable without violating promissory estoppel. The Court found no arbitrariness in the withdrawal and directed the Petitioners to pay duty at prevailing rates, renew their Bank Guarantee for interim relief, failing which would disadvantage them. Case-Laws Central Excise Thu, 07 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80200