1987 (1) TMI 109 - SC - Central Excise

Summary

The Supreme Court ruled in favor of the assessees, stating that excise duty should be levied based on the price charged by manufacturers to the buyers, not on the price charged by buyers to their wholesale dealers under the brand name. The judgment is in line with the reasoning from a previous case. The court directed for the refund of incorrectly computed excise duty collected from the assessees.