https://www.taxtmi.com/caselaws?id=46254 The court ruled in favor of the petitioner, a manufacturer of U.F. and M.F. Moulding Powder and Prescol Resin powder, in a case concerning the determination of excise duty on goods supplied at international prices. The court held that excise duty should be payable based on the international prices fixed by the Government for supplies made to holders of release orders. It emphasized the applicability of international prices fixed under law for determining excise duty, broadening the interpretation of prices fixed under statutory provisions and directing that duty be charged at international prices. en-us Wed, 04 Apr 2001 00:00:00 +0530 Fri, 16 Jul 2010 16:53:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46254 The court ruled in favor of the petitioner, a manufacturer of U.F. and M.F. Moulding Powder and Prescol Resin powder, in a case concerning the determination of excise duty on goods supplied at international prices. The court held that excise duty should be payable based on the international prices fixed by the Government for supplies made to holders of release orders. It emphasized the applicability of international prices fixed under law for determining excise duty, broadening the interpretation of prices fixed under statutory provisions and directing that duty be charged at international prices. Case-Laws Central Excise Wed, 04 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46254