https://www.taxtmi.com/caselaws?id=183295 The court found the impugned notifications modifying the exemption scheme to be invalid, as they deviated from the original objective of attracting investment and generating employment in a disaster-affected area. Applying the principle of promissory estoppel, the court held that the government could not unilaterally alter the terms of the exemption to the detriment of the petitioner, who had relied on the original promise. The court emphasized that the subsequent notifications could not affect the rights accrued under the original notification, directing the credited amount of duty to be given to the affected units for future liabilities. The petition was allowed with no costs. en-us Wed, 28 Oct 2009 00:00:00 +0530 Sat, 04 Jun 2016 11:10:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183295 The court found the impugned notifications modifying the exemption scheme to be invalid, as they deviated from the original objective of attracting investment and generating employment in a disaster-affected area. Applying the principle of promissory estoppel, the court held that the government could not unilaterally alter the terms of the exemption to the detriment of the petitioner, who had relied on the original promise. The court emphasized that the subsequent notifications could not affect the rights accrued under the original notification, directing the credited amount of duty to be given to the affected units for future liabilities. The petition was allowed with no costs. Case-Laws Central Excise Wed, 28 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183295