https://www.taxtmi.com/caselaws?id=163214 Priority industries under the Industrial Policy Resolution, 1996 were treated as a distinct incentive category, and the connected notification was read to cover all such units, whether small, medium or large, under entry 43A. A unit that had obtained an eligibility certificate, been initially recognised by the authorities, and already availed the exemption could not later be excluded by a narrower administrative reading inconsistent with the policy. The resulting denial of sales tax exemption was held arbitrary and contrary to the incentive framework, and the State action was found violative of Article 14 because the unit had altered its position in reliance on the promised benefit. en-us Thu, 08 Feb 2007 00:00:00 +0530 Tue, 25 Mar 2014 16:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163214 Priority industries under the Industrial Policy Resolution, 1996 were treated as a distinct incentive category, and the connected notification was read to cover all such units, whether small, medium or large, under entry 43A. A unit that had obtained an eligibility certificate, been initially recognised by the authorities, and already availed the exemption could not later be excluded by a narrower administrative reading inconsistent with the policy. The resulting denial of sales tax exemption was held arbitrary and contrary to the incentive framework, and the State action was found violative of Article 14 because the unit had altered its position in reliance on the promised benefit. Case-Laws VAT and Sales Tax Thu, 08 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163214