9911796707
TMI Blog2001 (12) TMI 846X X X X Extracts X X X X X X X X Extracts X X X X ..... adesh has extended benefit of sales tax deferment in favour of the third respondent, India Cements Limited, upto an amount of Rs. 200 crores which is interestfree, on the ground that the same is arbitrary, unreasonable, ultra vires the powers of the Government, and also opposed to the welfare of the public exchequer. 3.. The petitioner states that he is a public spirited person and has no personal interest in the subject-matter of the writ petition and, therefore, this writ petition is being filed only to bring to the notice of this Court about the illegal concession of more than Rs. 200 crores granted by the State of Andhra Pradesh in favour of the third respondent. 4.. We have perused the annexures filed along with the writ petition and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... p of new industries in the State. Even the expansion projects, i.e., the industries which are already in existence are also provided with some incentives wherever there is 25 per cent expansion of the existing industrial unit. This incentive is in the nature of deferment/exemption of sales tax in respect of the enhanced turnover for a period of 14/7 years. Other incentives provided under the said G.O. Ms. No. 108 dated May 20, 1996 under the Target 2000 are meant for diversification, forward integration projects, backward integration projects and captive power plants. We have perused the said G.O. in toto. It is made clear in the said G.O. that the said schemes will be in force from November 15, 1995 to March 31, 2000. 7.. According to the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d granting sales tax deferment under Target 2000 Scheme to a tune of Rs. 200 crores in favour of the third respondent. It is seen from the said G.O. that the third respondent had invested Rs. 200 crores by taking over to re-start the operation of the unit. Secondly, they had paid the statutory dues of the Government. Thirdly, by virtue of take-over, employment of 900 workers of the CCI, Yerraguntla unit was also protected by the third respondent. Therefore, the Government of Andhra Pradesh did not agree with the views expressed by the Commissioner of Industries and the Revenue Department. Thus, the Government, after careful consideration of the merits of the proposal and in recognition of the substantial investment of Rs. 200 crores made by ..... X X X X Extracts X X X X X X X X Extracts X X X X
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