https://www.taxtmi.com/caselaws?id=172041 The High Court dismissed the writ petition challenging the curtailment of an exemption granted to an existing unit on a Rs. 5 crore investment for 15 years. The Court held that the exemption was contingent upon a notification, which was not issued, and emphasized the importance of notifications under industrial policies. Despite the State granting relief on the exemption amount, the Court ruled that the petitioner was not entitled to the exemption without the necessary notification, leading to the dismissal of the petition. en-us Wed, 22 May 2013 00:00:00 +0530 Sat, 23 Jul 2016 23:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172041 The High Court dismissed the writ petition challenging the curtailment of an exemption granted to an existing unit on a Rs. 5 crore investment for 15 years. The Court held that the exemption was contingent upon a notification, which was not issued, and emphasized the importance of notifications under industrial policies. Despite the State granting relief on the exemption amount, the Court ruled that the petitioner was not entitled to the exemption without the necessary notification, leading to the dismissal of the petition. Case-Laws VAT and Sales Tax Wed, 22 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172041