Court Enforces Promissory Estoppel, Orders Tax Incentives Continuity u/s 5(1) KVAT Act for Appellants.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Doctrine of promissory estoppel - Tax Incentive scheme during the sales tax regime to be continued under VAT regime or not - State Government directed to issue appropriate exemption notifications u/s 5(1) of the KVAT Act on the sale of goods to/by the appellants in terms of Framework Agreement dated: 03.04.1997 - HC....