Supreme Court of India

Commissioner of Central Excise, Bhubaneshwar-11 v. M/s Ifgt Refractories Ltd.

Neutral citation
Reported as [2005] SUPP. 2 S.C.R. 480
Bench S.N. Variava J.
Decided 9 August 2005

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

1 Supreme Court bench has cited this judgment.

From the headnote

Central Excise Act, 1944/Export and Import Policy, 1992; Duty Exemption Scheme : Valuation-Refractories-Contract of sale between assessee-vendor and vendee-Vendee surrendering Advance Licence for import in terms of the contract-In lieu thereof the assessee availing benefit under Duty Exemption Scheme---Revenue holding it is additional consideration forming part of the purpose of levy of excise duty-Reversed by the Tribunal-On appeal, Held : Price includes money value of additional consideration flowing either directly or indirectly from buyer to seller in a contract of sale of goods-Assessee

Where later benches applied it

Of those, 1 referred to

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