https://www.taxtmi.com/caselaws?id=159275 Exemption under an incentive scheme was treated as conditional on fulfilment of statutory requirements, including the certificate of authorisation, so the earlier assessment could be cancelled and tax levied on inter-State sales. The Court noted that the cancellation was made after considering the record and the later legal position declared by the Supreme Court in the Pine Chemicals review decision. It also stated that a mere dismissal of an SLP in limine does not decide any legal question and cannot override binding law laid down in a reasoned Supreme Court ruling. On that basis, the impugned order was held lawful. en-us Fri, 05 Sep 1997 00:00:00 +0530 Tue, 19 Nov 2013 16:18:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159275 Exemption under an incentive scheme was treated as conditional on fulfilment of statutory requirements, including the certificate of authorisation, so the earlier assessment could be cancelled and tax levied on inter-State sales. The Court noted that the cancellation was made after considering the record and the later legal position declared by the Supreme Court in the Pine Chemicals review decision. It also stated that a mere dismissal of an SLP in limine does not decide any legal question and cannot override binding law laid down in a reasoned Supreme Court ruling. On that basis, the impugned order was held lawful. Case-Laws VAT and Sales Tax Fri, 05 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159275