https://www.taxtmi.com/caselaws?id=234148 Withdrawal of an excise duty exemption granted under the earlier Sikkim industrial package could not defeat an industrial unit's accrued entitlement where the unit had set up operations and commenced commercial production in reliance on the assurance of a fixed exemption period. The analysis notes that the exemption was a statutory concession intended to promote industry, and that the later withdrawal by delegated legislation was not supported by adequate material showing overriding public interest. The stated reliance on the product being a health-hazardous good was not backed by disclosed scientific or policy material. The unit therefore continued to enjoy the exemption for the full assured period of 10 years from commencement of production. en-us Fri, 11 May 2012 00:00:00 +0530 Thu, 30 May 2013 09:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234148 Withdrawal of an excise duty exemption granted under the earlier Sikkim industrial package could not defeat an industrial unit's accrued entitlement where the unit had set up operations and commenced commercial production in reliance on the assurance of a fixed exemption period. The analysis notes that the exemption was a statutory concession intended to promote industry, and that the later withdrawal by delegated legislation was not supported by adequate material showing overriding public interest. The stated reliance on the product being a health-hazardous good was not backed by disclosed scientific or policy material. The unit therefore continued to enjoy the exemption for the full assured period of 10 years from commencement of production. Case-Laws Central Excise Fri, 11 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234148