https://www.taxtmi.com/caselaws?id=105808 The Supreme Court analyzed a case involving the interpretation of industrial policy schemes - the 1987 Scheme and the 1989 Scheme. The appellant opted for the 1989 Scheme, leading to a grant of an eligibility certificate limiting tax exemption to 75%. Despite a mistake by the assessing authority in referring to the wrong scheme, the appellant was not entitled to benefits beyond what was specified under the chosen 1989 Scheme. The court emphasized the appellant's conscious choice and dismissed the appeal, upholding the decision against the appellant and ordering costs to be paid. en-us Fri, 23 Feb 2007 00:00:00 +0530 Mon, 26 Aug 2013 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105808 The Supreme Court analyzed a case involving the interpretation of industrial policy schemes - the 1987 Scheme and the 1989 Scheme. The appellant opted for the 1989 Scheme, leading to a grant of an eligibility certificate limiting tax exemption to 75%. Despite a mistake by the assessing authority in referring to the wrong scheme, the appellant was not entitled to benefits beyond what was specified under the chosen 1989 Scheme. The court emphasized the appellant's conscious choice and dismissed the appeal, upholding the decision against the appellant and ordering costs to be paid. Case-Laws VAT and Sales Tax Fri, 23 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105808