Bellary Steels & Alloys Ltd vs Deputy Commnr., Commercial Taxes & Ors

The Supreme Court dismissed the Civil Appeals, allowing the appellants to withdraw their original Writ Petitions against a show cause notice. The Court emphasized that the invocation of the doctrine of promissory estoppel requires a factual foundation, which was lacking in this case. The Court noted that the High Court should not have interfered without a factual basis and highlighted the importance of considering representations from the Trade regarding the impugned Notification dated 11th October, 1995, in light of the Industrial Policies from 1993 and 1996.