State Of Haryana & Ors vs M/S.Mahabir Vegetable Oils Pvt. Ltd

The Supreme Court addressed the entitlement of the Respondent to Sales Tax exemption under the Haryana General Sales Tax Act, 1973, specifically under Section 64 and Rule 28-A of the Haryana Sales Tax Rules. The Court held that the exemption applies only to investments made until 16.12.1996, the date when the exemption was withdrawn and the Solvent Extraction Plant was placed in the negative list. The ruling clarified the retrospective effect of the rules and the conditions for exemption, affirming the State's authority to amend the rules without prejudicing existing interests.