Review Petition Dismissed: Finance Act Upheld, SC Judgment Distinguished
Amin Merchant Versus The Chairman, Central Board of Excise and Revenue and others
Amin Merchant Versus The Chairman, Central Board of Excise and Revenue and others - TMI The Bombay High Court dismissed the Review Petition, stating that the law as enacted by Parliament in the Finance Act is authoritative, and no error apparent on record was found. The judgment of the Supreme Court in B.K. Industries v. Union of India was cited but deemed distinguishable by the Petitioner.