https://www.taxtmi.com/caselaws?id=44785 An industrial policy resolution did not itself create an enforceable promise of sales tax exemption; exemptions could arise only through notification under the Orissa Sales Tax Act, and that statute expressly allowed withdrawal or modification of exemption notifications. Promissory estoppel could not bar the State from exercising that statutory power, particularly where the Government relied on supervening public interest such as financial stringency and resource constraints. The withdrawal or restriction of the exemption notifications was therefore valid, and the plea of promissory estoppel failed. en-us Mon, 15 Dec 1997 00:00:00 +0530 Thu, 01 Jan 2026 13:13:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44785 An industrial policy resolution did not itself create an enforceable promise of sales tax exemption; exemptions could arise only through notification under the Orissa Sales Tax Act, and that statute expressly allowed withdrawal or modification of exemption notifications. Promissory estoppel could not bar the State from exercising that statutory power, particularly where the Government relied on supervening public interest such as financial stringency and resource constraints. The withdrawal or restriction of the exemption notifications was therefore valid, and the plea of promissory estoppel failed. Case-Laws VAT / Sales Tax Mon, 15 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44785