https://www.taxtmi.com/caselaws?id=234584 A fiscal exemption on milk powder and vitaminised infant milk foods was treated as a concession, not an enforceable right. The Gujarat High Court held that withdrawal of the concessional sales tax notification for the intervening period was a bona fide policy decision taken in public interest when the State moved to a value added tax regime, and it was not arbitrary merely because the concession was later reintroduced prospectively. The Court also rejected any claim to retrospective extension of the reintroduced exemption, holding that promissory estoppel and vested right could not compel a tax concession for the earlier period absent detrimental reliance. The challenge therefore failed. en-us Fri, 01 Mar 2013 00:00:00 +0530 Tue, 18 Jun 2013 13:49:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234584 A fiscal exemption on milk powder and vitaminised infant milk foods was treated as a concession, not an enforceable right. The Gujarat High Court held that withdrawal of the concessional sales tax notification for the intervening period was a bona fide policy decision taken in public interest when the State moved to a value added tax regime, and it was not arbitrary merely because the concession was later reintroduced prospectively. The Court also rejected any claim to retrospective extension of the reintroduced exemption, holding that promissory estoppel and vested right could not compel a tax concession for the earlier period absent detrimental reliance. The challenge therefore failed. Case-Laws VAT and Sales Tax Fri, 01 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234584