https://www.taxtmi.com/caselaws?id=159514 The court ruled in favor of the petitioner, upholding the application of promissory estoppel. Despite a subsequent government resolution excluding the petitioner's industry from sales tax deferment benefits, the court declared the petitioner remained entitled to the benefits specified in the original certificates. The judgment emphasized protecting legitimate expectations of parties who relied on government assurances to establish new industries. The ruling made the rule absolute in favor of the petitioner without imposing costs. en-us Tue, 11 Feb 1992 00:00:00 +0530 Tue, 26 Nov 2013 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159514 The court ruled in favor of the petitioner, upholding the application of promissory estoppel. Despite a subsequent government resolution excluding the petitioner's industry from sales tax deferment benefits, the court declared the petitioner remained entitled to the benefits specified in the original certificates. The judgment emphasized protecting legitimate expectations of parties who relied on government assurances to establish new industries. The ruling made the rule absolute in favor of the petitioner without imposing costs. Case-Laws VAT and Sales Tax Tue, 11 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159514