https://www.taxtmi.com/caselaws?id=185137 A uniform retention price for cement manufacturers was upheld as a valid exercise of economic price fixation because it was supported by relevant material, including production costs, expert assessment and the weighted average of the earlier pricing structure. Such regulatory pricing is generally treated as a policy matter and will not be interfered with unless it is unconstitutional, contrary to statute or manifestly arbitrary. Clause 12 of the Cement Control Order was read as allowing the Central Government to vary prices with reference to relevant factors, including cost of production, and not as confining it to the earlier three-tier structure. A request for separate treatment failed because the comparator unit was shown to be sub-standard and uneconomic, unlike the appellant. en-us Tue, 21 Aug 1990 00:00:00 +0530 Mon, 01 Aug 2016 17:40:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185137 A uniform retention price for cement manufacturers was upheld as a valid exercise of economic price fixation because it was supported by relevant material, including production costs, expert assessment and the weighted average of the earlier pricing structure. Such regulatory pricing is generally treated as a policy matter and will not be interfered with unless it is unconstitutional, contrary to statute or manifestly arbitrary. Clause 12 of the Cement Control Order was read as allowing the Central Government to vary prices with reference to relevant factors, including cost of production, and not as confining it to the earlier three-tier structure. A request for separate treatment failed because the comparator unit was shown to be sub-standard and uneconomic, unlike the appellant. Case-Laws Indian Laws Tue, 21 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185137