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    <title>2007 (4) TMI 351 - Supreme Court</title>
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    <description>A State may exercise its constitutional executive power to issue a comprehensive policy order withdrawing tax concessions in response to acute power shortage, and such an order can apply across the board to units that fall within the description of power intensive units. The Court also treated the later Government Order of 24 November 1998, which modified the negative list, as clarificatory rather than purely prospective, so it was read as part of the earlier policy regime. The withdrawal of tax concessions was upheld in principle, but the matters were remitted for consideration of unresolved issues, leaving the controversy open on those points.</description>
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      <link>https://www.taxtmi.com/caselaws?id=105877</link>
      <description>A State may exercise its constitutional executive power to issue a comprehensive policy order withdrawing tax concessions in response to acute power shortage, and such an order can apply across the board to units that fall within the description of power intensive units. The Court also treated the later Government Order of 24 November 1998, which modified the negative list, as clarificatory rather than purely prospective, so it was read as part of the earlier policy regime. The withdrawal of tax concessions was upheld in principle, but the matters were remitted for consideration of unresolved issues, leaving the controversy open on those points.</description>
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