Indian Mgt. Advisors & Leasing Pvt. Ltd. vs Collector Of C. Ex., Delhi

The Supreme Court interpreted an exemption notification regarding excise duty, clarifying that a manufacturer is ineligible for exemption if they affix a brand name of a person not eligible for the exemption. The Court held that the plain interpretation of the notification indicates that only those affixing a brand name of an eligible person can avail of the exemption. Consequently, the civil appeals were dismissed, affirming the lower court's decision without costs.