<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Court Upholds Ten-Year Tax Holiday, Ensures Promissory Estoppel Protects Exemptions in Transition from KST to KVAT Regime.</title>
    <link>https://www.taxtmi.com/highlights?id=27277</link>
    <description>Doctrine of promissory estoppel - Continuity of exemption after migration from sales tax regime to VAT regime - tax holiday of ten years - KST to KVAT - exemption from CST - once an assessee is found entitled to grant of exemption, the procedure for the same is to be construed liberally in favour of, and for the benefit of the assessee - HC</description>
    <language>en-us</language>
    <pubDate>Wed, 10 Feb 2016 13:19:09 +0530</pubDate>
    <lastBuildDate>Wed, 10 Feb 2016 13:19:09 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=416037" rel="self" type="application/rss+xml"/>
    <item>
      <title>Court Upholds Ten-Year Tax Holiday, Ensures Promissory Estoppel Protects Exemptions in Transition from KST to KVAT Regime.</title>
      <link>https://www.taxtmi.com/highlights?id=27277</link>
      <description>Doctrine of promissory estoppel - Continuity of exemption after migration from sales tax regime to VAT regime - tax holiday of ten years - KST to KVAT - exemption from CST - once an assessee is found entitled to grant of exemption, the procedure for the same is to be construed liberally in favour of, and for the benefit of the assessee - HC</description>
      <category>Highlights</category>
      <law>VAT and Sales Tax</law>
      <pubDate>Wed, 10 Feb 2016 13:19:09 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=27277</guid>
    </item>
  </channel>
</rss>