https://www.taxtmi.com/caselaws?id=156339 Promissory estoppel cannot restrain a Legislature from amending sales tax law to withdraw or clarify a fiscal benefit, and it applies only to executive representations. Conditional exemption under rule 3(66) for newly set up small-scale industrial units was not a "general" exemption within section 6B(2)(e), because the relief depended on specified conditions rather than an exemption applicable generally. The 1987 deletion of section 6B(2)(e) was treated as clarificatory, not as the imposition of a new tax, and was upheld as valid retrospectively and prospectively. The result was that eligibility certificates under rule 3(66) did not entitle the units to turnover-tax exclusion. en-us Sun, 14 Jan 1990 00:00:00 +0530 Wed, 18 Sep 2013 15:48:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156339 Promissory estoppel cannot restrain a Legislature from amending sales tax law to withdraw or clarify a fiscal benefit, and it applies only to executive representations. Conditional exemption under rule 3(66) for newly set up small-scale industrial units was not a "general" exemption within section 6B(2)(e), because the relief depended on specified conditions rather than an exemption applicable generally. The 1987 deletion of section 6B(2)(e) was treated as clarificatory, not as the imposition of a new tax, and was upheld as valid retrospectively and prospectively. The result was that eligibility certificates under rule 3(66) did not entitle the units to turnover-tax exclusion. Case-Laws VAT and Sales Tax Sun, 14 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156339