https://www.taxtmi.com/caselaws?id=157938 Promissory estoppel could not stop levy of sales tax on end-products sold after withdrawal of an exemption notification, because the earlier notification granted no perpetual exemption and contained no term preserving relief for goods later manufactured from pre-withdrawal raw materials. The State was exercising its taxing power to withdraw an existing concession, and the later notification validly applied to sales on and after its effective date. The levy on the end-products was therefore upheld, while the exemption for raw materials remained under the later notification. en-us Tue, 18 Oct 1994 00:00:00 +0530 Mon, 14 Oct 2013 12:21:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157938 Promissory estoppel could not stop levy of sales tax on end-products sold after withdrawal of an exemption notification, because the earlier notification granted no perpetual exemption and contained no term preserving relief for goods later manufactured from pre-withdrawal raw materials. The State was exercising its taxing power to withdraw an existing concession, and the later notification validly applied to sales on and after its effective date. The levy on the end-products was therefore upheld, while the exemption for raw materials remained under the later notification. Case-Laws VAT and Sales Tax Tue, 18 Oct 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157938