https://www.taxtmi.com/caselaws?id=162575 The Industrial Policy, 1986 incentives could not override the Assam Industries (Sales Tax Concessions) Act, 1986, because the statute did not create a corresponding enforceable right to sales tax exemption. Promissory estoppel therefore could not be invoked against the statute to compel concession under the policy. The controversy was also already covered by an earlier Division Bench ruling rejecting the same estoppel claim, and the court found no reason to depart from that view. The exemption claim accordingly failed in favour of the Revenue. en-us Wed, 27 Sep 2006 00:00:00 +0530 Mon, 10 Mar 2014 14:25:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162575 The Industrial Policy, 1986 incentives could not override the Assam Industries (Sales Tax Concessions) Act, 1986, because the statute did not create a corresponding enforceable right to sales tax exemption. Promissory estoppel therefore could not be invoked against the statute to compel concession under the policy. The controversy was also already covered by an earlier Division Bench ruling rejecting the same estoppel claim, and the court found no reason to depart from that view. The exemption claim accordingly failed in favour of the Revenue. Case-Laws VAT and Sales Tax Wed, 27 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162575