https://www.taxtmi.com/caselaws?id=346620 The High Court rejected the promissory estoppel challenge to a notification restricting refund of CST paid by SSI units but found the restriction lacked nexus with the intended objective. Judicial review of the policy decision emphasized limiting interference to arbitrariness and unreasonableness. The Court upheld the State's power to modify economic policies for public interest, allowing the appeals with directions to not reopen granted claims and affirming the State's authority to modify policies for valid reasons. en-us Fri, 18 Aug 2017 00:00:00 +0530 Sat, 19 Aug 2017 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346620 The High Court rejected the promissory estoppel challenge to a notification restricting refund of CST paid by SSI units but found the restriction lacked nexus with the intended objective. Judicial review of the policy decision emphasized limiting interference to arbitrariness and unreasonableness. The Court upheld the State's power to modify economic policies for public interest, allowing the appeals with directions to not reopen granted claims and affirming the State's authority to modify policies for valid reasons. Case-Laws VAT and Sales Tax Fri, 18 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346620