https://www.taxtmi.com/caselaws?id=41788 The Supreme Court held that excise duty should be calculated based on the price charged by the manufacturers to the buyers, in this case, Bajaj Electricals Ltd. The Court emphasized that this ruling is specific to the circumstances of this case and does not extend to manufacturers selling goods under their own brand name or brand name owners who are also manufacturers. The judgment discharged any bank guarantee provided by the petitioners and resolved similar writ petitions involving other brand names without awarding costs. en-us Tue, 28 Oct 1986 00:00:00 +0530 Mon, 07 Jun 2010 10:52:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41788 The Supreme Court held that excise duty should be calculated based on the price charged by the manufacturers to the buyers, in this case, Bajaj Electricals Ltd. The Court emphasized that this ruling is specific to the circumstances of this case and does not extend to manufacturers selling goods under their own brand name or brand name owners who are also manufacturers. The judgment discharged any bank guarantee provided by the petitioners and resolved similar writ petitions involving other brand names without awarding costs. Case-Laws Central Excise Tue, 28 Oct 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41788