I.T.C. Ltd vs Commissioner Of Central Excise, New ...

The Supreme Court addressed the interpretation of excise duty notifications under the Central Excise and Salt Act, 1944, specifically examining Notification No. 36/83 and Notification No. 201/85. The Court held that the retail sale price defined in these notifications must be the price printed on cigarette packets, as mandated by the Standards of Weights and Measures Act, 1976. The Court found that the appellant had improperly availed of concessional rates of duty by declaring lower prices than those actually charged, leading to the dismissal of the appeal.