Assistant Commr.(Ct) Ltu And Anr vs Amara Raja Batteries Ltd

The Supreme Court interpreted GOMs No. 108 dated 20.05.1996 concerning industrial incentives in Andhra Pradesh, clarifying that tax deferral applies only to additional local sales exceeding previous levels post-expansion. The Court held that the new industrial policy supersedes prior orders, specifically excluding GOMs No. 75 dated 14.03.1996, and established that eligibility for sales tax deferral is contingent upon meeting specified criteria regarding fixed capital investment and production capacity. The judgment reinforces the government's authority to modify incentive schemes to promote industrial growth.