https://www.taxtmi.com/caselaws?id=416844 A State industrial policy representation can crystallise into an accrued reimbursement entitlement once an expanded unit has acted on it, made substantial investment, commenced production, and satisfied the stipulated conditions; retrospective withdrawal then cannot defeat that right absent overriding public interest. The selective cancellation and retrospective amendment were also arbitrary and discriminatory because the record did not show a rational basis for excluding similarly placed units, and the State's prior representation attracted promissory estoppel and legitimate expectation. On that footing, the policy benefit already earned by the petitioners was protected and could not be curtailed by retrospective amendment or cancellation. en-us Tue, 04 Jan 2022 00:00:00 +0530 Fri, 07 Jan 2022 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416844 A State industrial policy representation can crystallise into an accrued reimbursement entitlement once an expanded unit has acted on it, made substantial investment, commenced production, and satisfied the stipulated conditions; retrospective withdrawal then cannot defeat that right absent overriding public interest. The selective cancellation and retrospective amendment were also arbitrary and discriminatory because the record did not show a rational basis for excluding similarly placed units, and the State's prior representation attracted promissory estoppel and legitimate expectation. On that footing, the policy benefit already earned by the petitioners was protected and could not be curtailed by retrospective amendment or cancellation. Case-Laws VAT and Sales Tax Tue, 04 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416844