https://www.taxtmi.com/caselaws?id=397663 The Industrial Incentive Policy, 2006 was construed as a whole to extend subsidy or reimbursement on admitted tax paid under Bihar VAT, Bihar Entry Tax, and Central Sales Tax, because the policy text, clarification, and Annexure-III expressly included those components and excluded only penalty and the difference between assessed and accepted tax. The later circular could not narrow a notified policy that had already induced reliance, so the State remained bound by its clear promise. On that basis, the petitioner was entitled to the incentive for the relevant period and the contrary stand failed. en-us Thu, 13 Aug 2020 00:00:00 +0530 Wed, 26 Aug 2020 14:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397663 The Industrial Incentive Policy, 2006 was construed as a whole to extend subsidy or reimbursement on admitted tax paid under Bihar VAT, Bihar Entry Tax, and Central Sales Tax, because the policy text, clarification, and Annexure-III expressly included those components and excluded only penalty and the difference between assessed and accepted tax. The later circular could not narrow a notified policy that had already induced reliance, so the State remained bound by its clear promise. On that basis, the petitioner was entitled to the incentive for the relevant period and the contrary stand failed. Case-Laws VAT and Sales Tax Thu, 13 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397663