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of <h1>High Court quashes demand for revised price list, allows clearances per interim order.</h1> The High Court ruled in favor of the petitioners, manufacturers of cigarettes, quashing the demand for a revised price list due to incorrect assumptions ... Valuation - Price List - Cigarettes - Cum-duty price - Increase in incident of duty The High Court judgment addressed a case involving the petitioners who manufactured cigarettes and faced issues with excise duty rates. The court ruled in favor of the petitioners, quashing the demand for a revised price list based on incorrect assumptions by the Assistant Collector. The court allowed clearances on the strength of an interim order and stated that the respondents could take further legal action if necessary. No costs were awarded.
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