https://www.taxtmi.com/caselaws?id=47039 A fiscal exemption notification tied excise duty to the price declared on cigarette packets. The stated legal point is that, where the notification uses the declared package price as the basis of levy, authorities must apply that price according to its plain terms and cannot substitute an assessed, effective, or reasonable price unless the notification itself permits such scrutiny. The text also notes that res judicata must be specifically pleaded in the proceedings below and was not available when raised for the first time at the appellate stage. The declared printed MRP was treated as the operative sale price for the levy. en-us Fri, 10 Sep 2004 00:00:00 +0530 Tue, 23 Sep 2025 19:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47039 A fiscal exemption notification tied excise duty to the price declared on cigarette packets. The stated legal point is that, where the notification uses the declared package price as the basis of levy, authorities must apply that price according to its plain terms and cannot substitute an assessed, effective, or reasonable price unless the notification itself permits such scrutiny. The text also notes that res judicata must be specifically pleaded in the proceedings below and was not available when raised for the first time at the appellate stage. The declared printed MRP was treated as the operative sale price for the levy. Case-Laws Central Excise Fri, 10 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47039