https://www.taxtmi.com/caselaws?id=46877 The Supreme Court upheld the interpretation that the reduction of Rs. 5.50 per thousand cigarettes should be applied during the calculation of the assessable value, not at the duty payment stage. The appeal was dismissed, affirming the duty rate for cigarettes made from duty-paid tobacco as 400% plus Rs. 15.50 per thousand. The Court ruled in favor of the respondents, finding no merit in the appellants' arguments, with no order as to costs. en-us Tue, 13 Jan 2004 00:00:00 +0530 Sat, 28 Jun 2014 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46877 The Supreme Court upheld the interpretation that the reduction of Rs. 5.50 per thousand cigarettes should be applied during the calculation of the assessable value, not at the duty payment stage. The appeal was dismissed, affirming the duty rate for cigarettes made from duty-paid tobacco as 400% plus Rs. 15.50 per thousand. The Court ruled in favor of the respondents, finding no merit in the appellants' arguments, with no order as to costs. Case-Laws Central Excise Tue, 13 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46877