1971 (11) TMI 55

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..... the match factory issued by the appropriate authority. It was subject to Central Excise duty on all the products manufactured by it. Some partners were added to these firms in some cases and in some others the existing partners retired. In such cases, the Excise authorities were of the view that the reconstituted firm is one different from the licensed firm and therefore they wanted to treat such .....

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..... nd administration of the partnership firm related only to its reconstitution which was effected either by retirement or by admission, then the proposition is indisputable that the firm continues in the eye of law and it does not by reason of such a change become a new firm or a firm different from that which existed prior to the reconstitution". 3. In this view, of law, the challenged order in e .....

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