https://www.taxtmi.com/caselaws?id=160337 The industrial incentive notification treated the amount certified by the Director of Industries and Commerce, or an authorised nominee, as the basis for sales tax exemption, and the assessing authority was not empowered to reappraise that factual certification or substitute its own valuation of eligible investment. Because the scheme entrusted determination of the qualifying investment to the Industries Department, the certified amount bound the assessment process. If the certificate was incomplete or factually defective, however, the assessing authority could seek rectification or a proper certificate after giving the assessee a fair opportunity, rather than independently curtailing the exemption. en-us Fri, 13 Mar 1998 00:00:00 +0530 Mon, 16 Dec 2013 14:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160337 The industrial incentive notification treated the amount certified by the Director of Industries and Commerce, or an authorised nominee, as the basis for sales tax exemption, and the assessing authority was not empowered to reappraise that factual certification or substitute its own valuation of eligible investment. Because the scheme entrusted determination of the qualifying investment to the Industries Department, the certified amount bound the assessment process. If the certificate was incomplete or factually defective, however, the assessing authority could seek rectification or a proper certificate after giving the assessee a fair opportunity, rather than independently curtailing the exemption. Case-Laws VAT and Sales Tax Fri, 13 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160337