https://www.taxtmi.com/caselaws?id=160947 An industrial incentive exemption under the 1989 policy was confined to the ceiling fixed by the validly amended rule. Although the original rules referred to a higher limit, a later notification corrected the inconsistency by substituting Rs. 6 crores for Rs. 8 crores in rule 6.2, and that duly notified amendment governed entitlement. Certificates or other administrative acts issued on the basis of the earlier figure could not extend the benefit beyond the amended ceiling. The claim for exemption beyond Rs. 6 crores therefore failed. en-us Thu, 13 Dec 2001 00:00:00 +0530 Fri, 27 Dec 2013 13:07:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160947 An industrial incentive exemption under the 1989 policy was confined to the ceiling fixed by the validly amended rule. Although the original rules referred to a higher limit, a later notification corrected the inconsistency by substituting Rs. 6 crores for Rs. 8 crores in rule 6.2, and that duly notified amendment governed entitlement. Certificates or other administrative acts issued on the basis of the earlier figure could not extend the benefit beyond the amended ceiling. The claim for exemption beyond Rs. 6 crores therefore failed. Case-Laws VAT and Sales Tax Thu, 13 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160947