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2005 (8) TMI 656 - SC - VAT and Sales TaxChallenging the withdrawal of the exemption that the State was bound by the principle of promissory estoppel by the Government Order in 1995 Held that:- Granting exemption from general sales tax uptil 2000 As noticed there was nothing either in the notification or in the Policy which provided that the negative list would not be amended or altered. On the contrary clause (vii) of paragraph 7 to G.O. 10 of 1995 expressly reserved the Government's right to amend the negative list. The right if any of the appellants was a precarious one and could not found a claim for promissory estoppel. As observed, the edible oil industries were entitled to the benefit of S.R.O. 93 since edible oil was not an industry mentioned in the negative list. The State Government, in view of the decision of this court in Shree Mahavir Oil Mills [1996 (11) TMI 358 - SUPREME COURT OF INDIA] had no other option but to place edible oils in the negative list.
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