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    <title>1975 (7) TMI 162 - DELHI HIGH COURT</title>
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    <description>A government export subsidy scheme was treated as a policy promise subject to an implied condition that it would continue only while the underlying trade-loss rationale remained. Promissory estoppel did not prevent withdrawal because the petitioners, already exporters, showed no legal detriment sufficient to bar policy revision. The scheme was also treated as an integrated policy rather than severable components, so the normal cash assistance and incentive assistance could be withdrawn together once exports became profitable and the foundational object of the scheme had ceased.</description>
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      <link>https://www.taxtmi.com/caselaws?id=200493</link>
      <description>A government export subsidy scheme was treated as a policy promise subject to an implied condition that it would continue only while the underlying trade-loss rationale remained. Promissory estoppel did not prevent withdrawal because the petitioners, already exporters, showed no legal detriment sufficient to bar policy revision. The scheme was also treated as an integrated policy rather than severable components, so the normal cash assistance and incentive assistance could be withdrawn together once exports became profitable and the foundational object of the scheme had ceased.</description>
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      <pubDate>Thu, 31 Jul 1975 00:00:00 +0530</pubDate>
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