https://www.taxtmi.com/caselaws?id=114763 The Tribunal upheld the Commissioner's decision in a case involving the interpretation of Drug (Price Control) Order, 1995 (DPCO) provisions. It ruled that DPCO set maximum prices for bulk drugs, allowing manufacturers to sell below these prices and pay duty based on the lesser transaction value. The Tribunal clarified that DPCO did not rigidly fix prices but established maximum prices, leading to the rejection of the appeal and affirming that selling bulk drugs below maximum prices did not violate excise duty regulations. en-us Mon, 13 Dec 2004 00:00:00 +0530 Sat, 19 May 2012 17:22:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114763 The Tribunal upheld the Commissioner's decision in a case involving the interpretation of Drug (Price Control) Order, 1995 (DPCO) provisions. It ruled that DPCO set maximum prices for bulk drugs, allowing manufacturers to sell below these prices and pay duty based on the lesser transaction value. The Tribunal clarified that DPCO did not rigidly fix prices but established maximum prices, leading to the rejection of the appeal and affirming that selling bulk drugs below maximum prices did not violate excise duty regulations. Case-Laws Central Excise Mon, 13 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114763