https://www.taxtmi.com/caselaws?id=30907 Exemption from excise duty is not an assessee's vested right, and in fiscal policy the court will not examine the wisdom, logic, or equity of the exemption scheme. A notification narrowing exemption to a smaller class of manufacturers was treated as a matter within the legislative or executive domain, and differential treatment of categories was not shown to be arbitrary. The classification was viewed as serving the objective of supporting smaller industries, so the challenge to the reduced exemption failed and the notification was upheld. en-us Fri, 23 Nov 2007 00:00:00 +0530 Mon, 06 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30907 Exemption from excise duty is not an assessee's vested right, and in fiscal policy the court will not examine the wisdom, logic, or equity of the exemption scheme. A notification narrowing exemption to a smaller class of manufacturers was treated as a matter within the legislative or executive domain, and differential treatment of categories was not shown to be arbitrary. The classification was viewed as serving the objective of supporting smaller industries, so the challenge to the reduced exemption failed and the notification was upheld. Case-Laws Central Excise Fri, 23 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30907