https://www.taxtmi.com/caselaws?id=169368 Promissory estoppel can operate against the State in relation to a beneficial industrial tariff incentive scheme where an entrepreneur has altered position in reliance on the scheme, but its application remains confined by the scheme's factual limits and surrounding equities. The concessional tariff was intended for new industrial units commencing production within the stipulated period, and relief could be granted where delay was caused by the authorities rather than the unit. On the facts found, the units had materially contributed to the delay or had not acted with reasonable diligence, so the claim to concessional tariff was rejected. en-us Thu, 14 Dec 2006 00:00:00 +0530 Mon, 23 Nov 2015 19:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169368 Promissory estoppel can operate against the State in relation to a beneficial industrial tariff incentive scheme where an entrepreneur has altered position in reliance on the scheme, but its application remains confined by the scheme's factual limits and surrounding equities. The concessional tariff was intended for new industrial units commencing production within the stipulated period, and relief could be granted where delay was caused by the authorities rather than the unit. On the facts found, the units had materially contributed to the delay or had not acted with reasonable diligence, so the claim to concessional tariff was rejected. Case-Laws Indian Laws Thu, 14 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169368