https://www.taxtmi.com/caselaws?id=159141 The 1991 industrial policy did not create an enforceable promise of full sales tax exemption for existing units undertaking expansion, modernisation or diversification, because the scheme was read with Section 9(4) of the Assam General Sales Tax Act, 1993, which authorised the State to grant exemption subject to conditions and restrictions. Existing units were entitled only to incentives linked to the expanded portion, not to full exemption. The 1995 sales tax concession scheme was upheld as a valid statutory scheme; it was not treated as retrospective merely because it operated from an earlier date, and no promissory estoppel arose against the fiscal measure. The classification and production-linked conditions were not found arbitrary or unconstitutional. en-us Wed, 29 Apr 1998 00:00:00 +0530 Sat, 16 Nov 2013 12:28:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159141 The 1991 industrial policy did not create an enforceable promise of full sales tax exemption for existing units undertaking expansion, modernisation or diversification, because the scheme was read with Section 9(4) of the Assam General Sales Tax Act, 1993, which authorised the State to grant exemption subject to conditions and restrictions. Existing units were entitled only to incentives linked to the expanded portion, not to full exemption. The 1995 sales tax concession scheme was upheld as a valid statutory scheme; it was not treated as retrospective merely because it operated from an earlier date, and no promissory estoppel arose against the fiscal measure. The classification and production-linked conditions were not found arbitrary or unconstitutional. Case-Laws VAT and Sales Tax Wed, 29 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159141