https://www.taxtmi.com/article/detailed?id=10764 The Court held that reliance on the 2003 Office Memorandum cannot sustain continuation of pre GST tax concessions after enactment of the CGST regime: promissory estoppel does not compel the Central Government to continue prior administrative assurances when the statutory basis for relief has changed, and fiscal relief under GST must be exercised within the statutory and consultative mechanisms that govern transitional budgetary support and reimbursements. en-us Fri, 21 Oct 2022 15:23:23 +0530 Fri, 21 Oct 2022 15:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10764 The Court held that reliance on the 2003 Office Memorandum cannot sustain continuation of pre GST tax concessions after enactment of the CGST regime: promissory estoppel does not compel the Central Government to continue prior administrative assurances when the statutory basis for relief has changed, and fiscal relief under GST must be exercised within the statutory and consultative mechanisms that govern transitional budgetary support and reimbursements. Articles Goods and Services Tax - GST Fri, 21 Oct 2022 15:23:23 +0530 https://www.taxtmi.com/article/detailed?id=10764