https://www.taxtmi.com/caselaws?id=103928 A claim of promissory estoppel failed because the industry could not show a clear government promise that the sales tax exemption would remain unchanged for five years, nor prove detrimental reliance on any such assurance. The exemption scheme under the Gujarat Sales Tax Act was treated as a fiscal measure linked to industrial policy, and the Court found the facts insufficient to establish that the appellants altered their position on the basis of a definite representation. As a result, withdrawal of the exemption benefit was not restrained, and the broader question whether promissory estoppel can operate against fiscal legislation was left undecided. en-us Wed, 23 Aug 1995 00:00:00 +0530 Mon, 12 Dec 2016 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103928 A claim of promissory estoppel failed because the industry could not show a clear government promise that the sales tax exemption would remain unchanged for five years, nor prove detrimental reliance on any such assurance. The exemption scheme under the Gujarat Sales Tax Act was treated as a fiscal measure linked to industrial policy, and the Court found the facts insufficient to establish that the appellants altered their position on the basis of a definite representation. As a result, withdrawal of the exemption benefit was not restrained, and the broader question whether promissory estoppel can operate against fiscal legislation was left undecided. Case-Laws VAT and Sales Tax Wed, 23 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103928