https://www.taxtmi.com/caselaws?id=303427 The Court held that the Private Limited Company and its Managing Director, situated in a Special Economic Zone, were entitled to the exemption from sales tax under the Kerala Value Added Tax Act, 2003, as per the policy promising tax exemption for industrial enterprises in SEZs for ten years. The Court emphasized the Government's obligation to implement announced benefits, ruling in favor of the petitioners and directing the Government to grant the exemption despite the absence of a formal notification under the VAT Act. en-us Thu, 25 Oct 2018 00:00:00 +0530 Fri, 22 Jul 2022 09:15:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303427 The Court held that the Private Limited Company and its Managing Director, situated in a Special Economic Zone, were entitled to the exemption from sales tax under the Kerala Value Added Tax Act, 2003, as per the policy promising tax exemption for industrial enterprises in SEZs for ten years. The Court emphasized the Government's obligation to implement announced benefits, ruling in favor of the petitioners and directing the Government to grant the exemption despite the absence of a formal notification under the VAT Act. Case-Laws VAT and Sales Tax Thu, 25 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303427