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    <title>1994 (2) TMI 72 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=44226</link>
    <description>Tax adjudication involving freight subsidy, additional trade discount, and special packing cost deductions was treated as involving disputed factual issues, and the assessee was to be given an effective appellate remedy; the appeal was to be entertained within limitation and decided on merits without being influenced by prior observations. The interest component on duty was also moderated because compound interest at a high rate was considered unduly harsh, and it was reduced to simple interest at 12% per annum from 1-1-1984, with final adjustment on accounting. The note states that the matter was otherwise finally disposed of, while preserving appellate scrutiny on the deduction claims and easing the interest burden.</description>
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    <pubDate>Tue, 08 Feb 1994 00:00:00 +0530</pubDate>
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      <title>1994 (2) TMI 72 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=44226</link>
      <description>Tax adjudication involving freight subsidy, additional trade discount, and special packing cost deductions was treated as involving disputed factual issues, and the assessee was to be given an effective appellate remedy; the appeal was to be entertained within limitation and decided on merits without being influenced by prior observations. The interest component on duty was also moderated because compound interest at a high rate was considered unduly harsh, and it was reduced to simple interest at 12% per annum from 1-1-1984, with final adjustment on accounting. The note states that the matter was otherwise finally disposed of, while preserving appellate scrutiny on the deduction claims and easing the interest burden.</description>
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