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Reliance Industries Ltd. vs Commissioner Of Central Excise, ... on 17 September, 2001

4. The plea taken by the appellants was that the lower prices were quoted in view of the large quantum of purchase as also on the ground of firm commitment. These were the grounds which led the Supreme Court to lay down the law in Metal Box India Ltd. judgment (Supra) Following that law the Tribunal in the case of Garware Synthetics Ltd. v. Commissioner of Central Excise [1999 (114) ELT 858 (Tribunal)] held that the phenomenon of part I price list for regular buyers existing along with Part II prices for contract buyers in existence together was permissible in terms of Section 4 of Central Excise Act, 1944.
Customs, Excise and Gold Tribunal - Mumbai Cites 2 - Cited by 0 - Full Document
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