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VAT - Highlights / Catch Notes

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Doctrine of promissory estoppel - remission of sales tax - the ...

VAT and Sales Tax

March 3, 2023

Doctrine of promissory estoppel - remission of sales tax - the petitioners have failed to demonstrate that the investment of Rs. 23 crores made by the unit was pursuant to any promise made by the government to allow remission of sales tax on such investment. Therefore, the question of reversing the promise by the State does not arise in the case on hand. - HC

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