https://www.taxtmi.com/caselaws?id=204333 A clear promise of 100% excise duty exemption under the North-Eastern industrial incentive scheme could not be reduced by later notifications that altered the substantive benefit through average and special rates tied to value addition. The earlier amendments requiring prior use of Cenvat credit affected only the refund mechanism, not the promised quantum of exemption. The State's reliance on alleged bogus production and misuse was found inadequate, and no sufficient supervening public interest was proved to justify curtailment. Promissory estoppel and legitimate expectation therefore supported continuation of the promised exemption, and the curtailing notifications were struck down in the text. en-us Wed, 24 Jun 2009 00:00:00 +0530 Thu, 15 Dec 2016 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204333 A clear promise of 100% excise duty exemption under the North-Eastern industrial incentive scheme could not be reduced by later notifications that altered the substantive benefit through average and special rates tied to value addition. The earlier amendments requiring prior use of Cenvat credit affected only the refund mechanism, not the promised quantum of exemption. The State's reliance on alleged bogus production and misuse was found inadequate, and no sufficient supervening public interest was proved to justify curtailment. Promissory estoppel and legitimate expectation therefore supported continuation of the promised exemption, and the curtailing notifications were struck down in the text. Case-Laws Central Excise Wed, 24 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204333