1976 (2) TMI 32 - HC - Central Excise

Summary

The High Court of Madras allowed two writ petitions by M/s. Dunlop India Ltd. to quash the order refusing to approve their revised price list. The court held that excise duty can only be levied on manufacturing cost and profit, not on post-manufacturing expenses. The respondents were directed to reconsider the revised price list in light of this decision.