https://www.taxtmi.com/caselaws?id=41997 The court held that excise duty should be levied on the ex-factory prices set by manufacturers, not on prices charged by selling agents, in a case concerning pharmaceutical products. The petitioners successfully argued that duty should be based on ex-factory prices for bona fide sales, not agents' prices, leading to the quashing of previous orders. The court directed the refund of excess duty paid by the petitioners, allowing the respondents to reassess duty based on ex-factory prices. The respondents were instructed to process refund applications promptly and pay the entitled amount to the petitioners within three months, with costs awarded to the petitioners. en-us Fri, 12 Jun 1987 00:00:00 +0530 Tue, 08 Jun 2010 14:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41997 The court held that excise duty should be levied on the ex-factory prices set by manufacturers, not on prices charged by selling agents, in a case concerning pharmaceutical products. The petitioners successfully argued that duty should be based on ex-factory prices for bona fide sales, not agents' prices, leading to the quashing of previous orders. The court directed the refund of excess duty paid by the petitioners, allowing the respondents to reassess duty based on ex-factory prices. The respondents were instructed to process refund applications promptly and pay the entitled amount to the petitioners within three months, with costs awarded to the petitioners. Case-Laws Central Excise Fri, 12 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41997