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H. H. Maharajadhiraja Madhav Rao Jiwaji ... vs Union Of India on 15 December, 1970

(emphasis added) The Supreme Court has also uttered a warning to the effect that the greatest possible care must be taken to relate the observations of a Judge to the precise issue before him and confine such observations even though expressed in broad terms in the general compass of the questions before him see Madhav Rao Scindia v. Union of India and A.D.M. Jabalpur v. V.S. Sukla A.I.R. 1970 S.C. 1307 at p. 1378. It is therefore, evident that the decision of the Supreme Court is only an authority for what it actually decides and the observations made in the judgment should be restricted to the context in which they are made after relating the observations to the precise issue before the court taking care to interpret the observations in the context of the question before the court even though the same are expressed in broad terms. Since the Supreme Court itself has administered the warning and has indicated in no uncertain terms that what is binding is an actual ratio decidendi of the decision culled out in the context of the facts of the case and the principles of law applied in the case in question, it is unnecessary to refer to any other authority.
Supreme Court of India Cites 192 - Cited by 423 - J C Shah - Full Document

American Universal Electric (India) ... vs Union Of India (Uoi) on 20 November, 1976

In American Universal Electric (India) Ltd v. Union of India 1979 E.L.T. (J. 125), decided on November 20, 1976 reliance has in terms been placed on the decision rendered by Division Bench of this High Court in the first Golden Tobacco case 1977/E.L.T. J. 130. The reasoning which found favour with the learned judge of the Punjab & Haryana High Court is reflected in paragraph 12 of the report which for the sake of preciseness may be quoted:
Punjab-Haryana High Court Cites 13 - Cited by 33 - Full Document

The Vacuum Oil Company vs The Secretary Of State For India on 21 April, 1932

Support was sought from the decision of the ECR C 1 PC Privy Council In Vacuum Oil Co. v. Secretary of State for India in Council A.I.R. 1932 P.C. 168. which was relied upon by the Supreme Court, for the purpose of ascertaining the real meaning of the term 'wholesale cash price' and it has been clarified that it was in the context of the aforesaid facts and circumstances that the Supreme Court had concluded that only deduction that is permissible to be made from the wholesale cash price for the purpose of levy of excise duty is the trade discount and the amount of duty paid at the time of removal of the article.
Bombay High Court Cites 1 - Cited by 49 - Full Document
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