https://www.taxtmi.com/caselaws?id=275543 Price-control mechanisms under the Essential Commodities Act may use sale prices, retention prices and Aluminium Regulation Account adjustments to regulate supply and secure availability at fair prices. The requirement to have regard to estimated production costs requires consideration of relevant factors, but does not require every cost increase to be fully reflected in the retention price. Such arrangements are regulatory rather than a tax where they equalise producer costs and support supply; transfers to an auxiliary plant may be treated as deemed sales within the scheme. Territorial jurisdiction may arise where the price order directly affects business and causes loss, while an appeal to the original decision-maker may not be an effective alternative remedy. Rational pricing criteria and consideration of written representations address Article 14 and natural justice objections. en-us Thu, 23 Dec 1982 00:00:00 +0530 Sat, 06 Oct 2018 15:59:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275543 Price-control mechanisms under the Essential Commodities Act may use sale prices, retention prices and Aluminium Regulation Account adjustments to regulate supply and secure availability at fair prices. The requirement to have regard to estimated production costs requires consideration of relevant factors, but does not require every cost increase to be fully reflected in the retention price. Such arrangements are regulatory rather than a tax where they equalise producer costs and support supply; transfers to an auxiliary plant may be treated as deemed sales within the scheme. Territorial jurisdiction may arise where the price order directly affects business and causes loss, while an appeal to the original decision-maker may not be an effective alternative remedy. Rational pricing criteria and consideration of written representations address Article 14 and natural justice objections. Case-Laws Indian Laws Thu, 23 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275543