1982 (2) TMI 304 - Commissioner - Central Excise

Summary

The Appellate Collector ruled in favor of the appellants, stating that duty liability should be calculated on the ex-factory price, not the wholesale price. The Executive Instructions reducing exemption were deemed invalid as they had been quashed by the Delhi High Court. The appellants were entitled to a refund based on the correct assessable value. The Assistant Collector's order was set aside, and a refund was directed to be granted according to the correct principles.