MRF LTD., KOTTAYAM vs ASST.COMNR.(ASSESSMENT)SALES TAX .

The Supreme Court upheld the decision of the Kerala High Court affirming the dismissal of MRF's writ petition regarding tax exemptions under the Kerala General Sales Tax Act, 1963. The Court clarified that the Memorandum of Understanding between MRF and the State of Kerala, which promised tax exemptions for expansion, was contingent upon compliance with the conditions set forth in the relevant notifications. The Court emphasized that the exemptions were not absolute and were subject to the fulfillment of specified criteria under Section 10 of the Kerala General Sales Tax Act, 1963.