ARVIND INDUSTRIES AND OTHER vs THE STATE OF GUJARAT AND OTHERS

The Supreme Court ruled that the Notification dated April 29, 1970, under Section 49(2) of the Gujarat Sales Tax Act, 1963, did not grant sales tax exemption to the appellants as a 'New Industry' due to subsequent amendments that excluded solvent extraction industries. The Court emphasized that the absence of the original press note and legislative assurances in the record weakened the appellants' claim. Consequently, the appeal was dismissed, affirming the applicability of the amended rules to the appellants' operations.