https://www.taxtmi.com/caselaws?id=46326 Ex-factory pricing with excise duty shown separately means the duty component is recoverable at the rate applicable when the goods had already left the supplier's premises, even if the statutory rate is later reduced. A contractual clause allowing revision of statutory levies during the supply period does not retrospectively apply to goods dispatched before the rate change. The reduction from 18% to 16% was treated as prospective only, so the purchaser could not insist on the lower rate for goods dispatched on or before 28-2-1999. The reasoning also rejected any result that would leave the supplier bearing the higher duty burden while receiving the agreed contractual price, as that would amount to unjust enrichment. en-us Thu, 03 Aug 2000 00:00:00 +0530 Sat, 17 Jul 2010 11:47:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46326 Ex-factory pricing with excise duty shown separately means the duty component is recoverable at the rate applicable when the goods had already left the supplier's premises, even if the statutory rate is later reduced. A contractual clause allowing revision of statutory levies during the supply period does not retrospectively apply to goods dispatched before the rate change. The reduction from 18% to 16% was treated as prospective only, so the purchaser could not insist on the lower rate for goods dispatched on or before 28-2-1999. The reasoning also rejected any result that would leave the supplier bearing the higher duty burden while receiving the agreed contractual price, as that would amount to unjust enrichment. Case-Laws Central Excise Thu, 03 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46326