https://www.taxtmi.com/caselaws?id=200180 Promissory estoppel could not be used to claim deferred tax under an incentive scheme that had already lapsed, because the petitioner obtained registration after the scheme expired and began production later. The subsequent notification superseded the earlier scheme and placed mini steel plants, induction, arc and submerged furnace units, and rolling mills in the negative list. As the petitioner's unit fell within that excluded category, no enforceable promise survived and the tax deferment benefit was unavailable. en-us Tue, 28 Mar 2017 00:00:00 +0530 Fri, 23 Mar 2018 10:07:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200180 Promissory estoppel could not be used to claim deferred tax under an incentive scheme that had already lapsed, because the petitioner obtained registration after the scheme expired and began production later. The subsequent notification superseded the earlier scheme and placed mini steel plants, induction, arc and submerged furnace units, and rolling mills in the negative list. As the petitioner's unit fell within that excluded category, no enforceable promise survived and the tax deferment benefit was unavailable. Case-Laws VAT and Sales Tax Tue, 28 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200180