https://www.taxtmi.com/caselaws?id=84152 Promissory estoppel protected the petitioner's accrued entitlement to a three-year renewal of the Export House Certificate because the earlier policy contemplated that period and the petitioner had altered its position in reliance on it. The later policy change could not be applied retrospectively to reduce that entitlement unless the Government proved, on proper material, that overriding public interest justified departure from the promise. As no reply or counter-affidavit was filed and that burden was not discharged, the retrospective curtailment was not sustained and the denial of renewal was quashed. en-us Wed, 05 Apr 1995 00:00:00 +0530 Wed, 20 Jul 2011 10:45:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84152 Promissory estoppel protected the petitioner's accrued entitlement to a three-year renewal of the Export House Certificate because the earlier policy contemplated that period and the petitioner had altered its position in reliance on it. The later policy change could not be applied retrospectively to reduce that entitlement unless the Government proved, on proper material, that overriding public interest justified departure from the promise. As no reply or counter-affidavit was filed and that burden was not discharged, the retrospective curtailment was not sustained and the denial of renewal was quashed. Case-Laws Customs Wed, 05 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84152