https://www.taxtmi.com/caselaws?id=272071 Price fixation under the Andhra Pradesh Oil Palm Act must rest on relevant material and objective criteria, and the State could not lawfully use the oil extraction ratio of a processing unit situated in Telangana to fix the price for Andhra Pradesh after bifurcation. The High Court held that ignoring the Pedavegi unit's extraction ratio amounted to reliance on irrelevant considerations, making the Government Order arbitrary and violative of Article 14. The estoppel plea based on alleged meeting consensus was rejected because a constitutional challenge could not be barred on that basis. The pricing formula was struck down and the State was directed to refix the price in accordance with the Act and the Court's observations. en-us Tue, 15 Dec 2015 00:00:00 +0530 Fri, 26 Feb 2016 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272071 Price fixation under the Andhra Pradesh Oil Palm Act must rest on relevant material and objective criteria, and the State could not lawfully use the oil extraction ratio of a processing unit situated in Telangana to fix the price for Andhra Pradesh after bifurcation. The High Court held that ignoring the Pedavegi unit's extraction ratio amounted to reliance on irrelevant considerations, making the Government Order arbitrary and violative of Article 14. The estoppel plea based on alleged meeting consensus was rejected because a constitutional challenge could not be barred on that basis. The pricing formula was struck down and the State was directed to refix the price in accordance with the Act and the Court's observations. Case-Laws Indian Laws Tue, 15 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272071