The Government of Bangladesh and others vs City Edible Oil Limited, represented by its Managing Director and others

Case details

Case reference as listed	Civil Appeal 142/2023
Caption / parties as listed	The Government of Bangladesh and others vs City Edible Oil Limited, represented by its Managing Director and others
Court	Supreme Court of Bangladesh — Appellate Division
Case reference year	2023
Court website upload date	2025-05-21

Additional reference in the official index

(Civil Appeal 142/2023 with C.P No. 1131-1133 OF 2022)

Court index description

This Court underscores that while fiscal incentives remain a potent tool of industrial policy, their continued application must align with evolving economic conditions and constitutional principles of fairness and equity. We hold that tax exemptions granted under Section 44(4)(b) of the Ordinance are conditional, discretionary, and subject to lawful withdrawal. The doctrine of promissory estoppel cannot limit sovereign fiscal discretion unless statutory guarantees exist.

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Official Supreme Court index entry ↗