https://www.taxtmi.com/caselaws?id=203182 Industrial units in a tax free zone relied on a governmental incentive promising 100% exemption from excise duty; courts applied the doctrine of promissory estoppel, finding that reliance-induced investment prevents unilateral withdrawal of the exemption and preserves benefits for bona fide manufacturers. The State may, however, pursue targeted enforcement against identified instances of bogus production without general withdrawal of the exemption. The analysis focuses on policy-induced reliance, estoppel against rescission, and case-specific anti-fraud measures affecting excise exemption entitlement. en-us Thu, 23 Dec 2010 00:00:00 +0530 Mon, 19 Jan 2026 11:23:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203182 Industrial units in a tax free zone relied on a governmental incentive promising 100% exemption from excise duty; courts applied the doctrine of promissory estoppel, finding that reliance-induced investment prevents unilateral withdrawal of the exemption and preserves benefits for bona fide manufacturers. The State may, however, pursue targeted enforcement against identified instances of bogus production without general withdrawal of the exemption. The analysis focuses on policy-induced reliance, estoppel against rescission, and case-specific anti-fraud measures affecting excise exemption entitlement. Case-Laws Central Excise Thu, 23 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203182