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The petitioners are in the business of processing fabrics and seek reassessment of assessable value by excise authorities, excluding trader's profit. The High Court directs authorities to reassess value in line with Supreme Court decision and grant refund for excess duty paid. [Case: G.T. Nanavati and J.U. Mehta, JJ., 1990 (5) TMI 46 - High Court of Gujarat at Ahmedabad]
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