https://www.taxtmi.com/caselaws?id=41486 The court upheld the validity of the Central Government's notification modifying the exemption on polyvinyl chloride resins, imposing a 40% customs duty based on public interest considerations. The court rejected the application of promissory estoppel, stating that the initial notification did not constitute a specific promise to the petitioners. The court emphasized the Government's statutory power to modify or rescind exemptions in the public interest under Section 25 of the Customs Act. Consequently, the writ petitions were dismissed without costs. en-us Tue, 30 Jun 1981 00:00:00 +0530 Thu, 03 Jun 2010 17:04:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41486 The court upheld the validity of the Central Government's notification modifying the exemption on polyvinyl chloride resins, imposing a 40% customs duty based on public interest considerations. The court rejected the application of promissory estoppel, stating that the initial notification did not constitute a specific promise to the petitioners. The court emphasized the Government's statutory power to modify or rescind exemptions in the public interest under Section 25 of the Customs Act. Consequently, the writ petitions were dismissed without costs. Case-Laws Customs Tue, 30 Jun 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41486