https://www.taxtmi.com/caselaws?id=328093 The court held that Notification No. 11/2007-CE was ultra vires the Central Excise Act as it attempted to retrospectively withdraw benefits from the appellant. The doctrine of promissory estoppel applied, preventing the government from revoking promised excise duty exemptions. Section 154 of the Finance Act, 2003, did not nullify the appellant's rights under subsequent notifications. The court directed a re-examination of the appellant's alleged fund misutilization and upheld their entitlement to exemptions under the North East Industrial Policy. The judgment quashed the impugned notification, ordered a refund of excise duty, and emphasized the government's obligation under promissory estoppel. en-us Wed, 20 Apr 2016 00:00:00 +0530 Thu, 17 Nov 2016 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328093 The court held that Notification No. 11/2007-CE was ultra vires the Central Excise Act as it attempted to retrospectively withdraw benefits from the appellant. The doctrine of promissory estoppel applied, preventing the government from revoking promised excise duty exemptions. Section 154 of the Finance Act, 2003, did not nullify the appellant's rights under subsequent notifications. The court directed a re-examination of the appellant's alleged fund misutilization and upheld their entitlement to exemptions under the North East Industrial Policy. The judgment quashed the impugned notification, ordered a refund of excise duty, and emphasized the government's obligation under promissory estoppel. Case-Laws Central Excise Wed, 20 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328093