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1996 (8) TMI 445 - SC - VAT and Sales TaxWhether the principle of promissory estoppel applies to the facts of this case? Held that:- Appeal dismissed. The expansion carried out by the appellants in pursuance of the licence issued in February, 1975 was independent and had nothing to do with the incentive announced in December, 1975 as observed by the High Court. Taking all these factors into consideration no doubt that on the facts of this case, the principle of promissory estoppel has no application at all.
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