https://www.taxtmi.com/caselaws?id=238930 Industrial incentive classification under the policy turned on the date of intimation for expansion, diversification or modernisation, and the unit was therefore treated as a category III loss-making existing functional industrial unit. The sanctioned package was for the Chaibasa/Jhinkpani unit as a whole, so subsidy and tax relief could not be limited to clinker alone and extended to cement produced under that modernisation package. However, incentives were confined to the unit that actually undertook modernisation, so sales tax subsidy for the Sindri unit was not sustainable. Promissory estoppel and legitimate expectation could not be used to enlarge benefits beyond the governing policy. en-us Tue, 01 Oct 2013 00:00:00 +0530 Sat, 02 Nov 2013 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238930 Industrial incentive classification under the policy turned on the date of intimation for expansion, diversification or modernisation, and the unit was therefore treated as a category III loss-making existing functional industrial unit. The sanctioned package was for the Chaibasa/Jhinkpani unit as a whole, so subsidy and tax relief could not be limited to clinker alone and extended to cement produced under that modernisation package. However, incentives were confined to the unit that actually undertook modernisation, so sales tax subsidy for the Sindri unit was not sustainable. Promissory estoppel and legitimate expectation could not be used to enlarge benefits beyond the governing policy. Case-Laws VAT and Sales Tax Tue, 01 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238930