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2008 (12) TMI 697 - HC - VAT and Sales TaxWhether the petitioner having been treated to be eligible, could be denied the benefit of investment after the date of unit having been put in the negative list? Held that:- Admittedly, on the date of commercial production and also on the date of issue of entitlement/exemption certificate, the petitioner was in the negative list and could not be considered to be eligible unless applicability of notification dated December 16, 1996 was confined to units which started investment after the said date. Once the petitioner has been treated to be eligible, there was no valid reason to further classify the benefit of investment up to the date of amendment, putting the unit in the negative list. Appeal allowed.
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