https://www.taxtmi.com/caselaws?id=291613 The Court held that the modified notifications withdrawing concessions under the Industrial Policies of 1997 and 2007 were invalid. The State failed to demonstrate a superior public interest or legislative change justifying the withdrawal. The respondents had relied on the government's promises and made substantial investments, and the abrupt policy change was deemed unjustified. The appeals were dismissed, and the writ petitions were allowed, ensuring that industries would continue to benefit from the original Industrial Policies. en-us Thu, 20 Nov 2014 00:00:00 +0530 Wed, 18 Nov 2020 21:08:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291613 The Court held that the modified notifications withdrawing concessions under the Industrial Policies of 1997 and 2007 were invalid. The State failed to demonstrate a superior public interest or legislative change justifying the withdrawal. The respondents had relied on the government's promises and made substantial investments, and the abrupt policy change was deemed unjustified. The appeals were dismissed, and the writ petitions were allowed, ensuring that industries would continue to benefit from the original Industrial Policies. Case-Laws Central Excise Thu, 20 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291613