https://www.taxtmi.com/caselaws?id=345950 A valid and subsisting entitlement certificate under the incentive scheme bound the assessing officer, and exemption could not be denied on an independent view that the activity was not manufacturing. Section 41C provided that exemption would cease only on cancellation or expiry of the certificate, and the power to cancel or question its validity lay with the statutory authority under the Act. As the certificate remained uncancelled and operative, the assessee continued to receive exemption benefits for the covered activity. en-us Tue, 13 Jun 2017 00:00:00 +0530 Tue, 27 Mar 2018 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345950 A valid and subsisting entitlement certificate under the incentive scheme bound the assessing officer, and exemption could not be denied on an independent view that the activity was not manufacturing. Section 41C provided that exemption would cease only on cancellation or expiry of the certificate, and the power to cancel or question its validity lay with the statutory authority under the Act. As the certificate remained uncancelled and operative, the assessee continued to receive exemption benefits for the covered activity. Case-Laws VAT and Sales Tax Tue, 13 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345950