https://www.taxtmi.com/caselaws?id=176019 The Court invoked the doctrine of promissory estoppel, finding that the Government's clear representation on concession rates for DAP in 1997-98 was relied upon by the Petitioners. It held that the retrospective reduction of concessions was arbitrary and quashed the circular reducing rates. The Court emphasized the importance of procedural fairness and legitimate expectations, ruling in favor of the Petitioners. The Union of India was directed to pay the differential amount with interest, dismissing their appeal and awarding costs to the Petitioners. en-us Mon, 23 Nov 2009 00:00:00 +0530 Mon, 12 Jun 2017 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176019 The Court invoked the doctrine of promissory estoppel, finding that the Government's clear representation on concession rates for DAP in 1997-98 was relied upon by the Petitioners. It held that the retrospective reduction of concessions was arbitrary and quashed the circular reducing rates. The Court emphasized the importance of procedural fairness and legitimate expectations, ruling in favor of the Petitioners. The Union of India was directed to pay the differential amount with interest, dismissing their appeal and awarding costs to the Petitioners. Case-Laws Customs Mon, 23 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176019