https://www.taxtmi.com/caselaws?id=165053 Amendment to rule 67 of the Andhra Pradesh VAT Rules was upheld as a valid fiscal classification that aligned repayment obligations for converted tax-holiday units with original tax-deferment units. The HC held that section 69(1) and section 69(3) permitted the rule-making authority to prescribe the manner of repayment, and the revised illustration and sub-rule (5) did not travel beyond the parent Act. The changes were not arbitrary, discriminatory, retrospective, or barred by promissory estoppel, and no recording of reasons was required for the subordinate legislation. Demand notices issued under the amended mechanism were sustained. en-us Thu, 16 Sep 2010 00:00:00 +0530 Wed, 24 Sep 2014 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165053 Amendment to rule 67 of the Andhra Pradesh VAT Rules was upheld as a valid fiscal classification that aligned repayment obligations for converted tax-holiday units with original tax-deferment units. The HC held that section 69(1) and section 69(3) permitted the rule-making authority to prescribe the manner of repayment, and the revised illustration and sub-rule (5) did not travel beyond the parent Act. The changes were not arbitrary, discriminatory, retrospective, or barred by promissory estoppel, and no recording of reasons was required for the subordinate legislation. Demand notices issued under the amended mechanism were sustained. Case-Laws VAT and Sales Tax Thu, 16 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165053