Price approval for cigarettes: jurisdictional collectors may demand cost and margin details before approving declared package prices. Where manufacturers declare a sale price on cigarette packages as required by the Board, the jurisdictional Collector may request cost particulars and margins and decide, on that basis, whether to approve the declared price; approval may therefore be contingent on the Collector's evaluation of the submitted cost and margin information.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Price approval for cigarettes: jurisdictional collectors may demand cost and margin details before approving declared package prices.
Where manufacturers declare a sale price on cigarette packages as required by the Board, the jurisdictional Collector may request cost particulars and margins and decide, on that basis, whether to approve the declared price; approval may therefore be contingent on the Collector's evaluation of the submitted cost and margin information.
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