Case Law Analysis
|Bombay High Court
Promissory Estoppel | State Liable for Rs.6.7 Crore Octroi Refund Despite Local Body Non-Compliance : Bombay HC
Bombay HC rules that the State of Maharashtra must honor its 2001 SEZ tax exemption promise under promissory estoppel, even if the Pune Municipal Corporation failed to amend its rules. The ruling reinforces state accountability for policy commitments, setting a precedent for SEZ developers and public bodies.