| | ITC wins mother of all excise wars, saves Rs 8.03 bn (Site not responding. Last check: 2007-10-14) |
 | | New Delhi: Tobacco giant ITC Ltd today (Sep 10, 2004) won a big relief in the Supreme Court, which set aside a demand of Rs 8.03 bn slapped on the cigarette manufacturers by the Government on account of alleged evasion of excise duty. |
 | | A two-judge Bench headed by Justice Ruma Pal, which had warned yesterday that taking the judgement out of the courtroom would prove costly, today came and pronounced the judgement allowing ITC's petition and dismissing the petition filed by the Commissioner of Central Excise. |
 | | No mention was made by the Bench, of which Justice Reddi was also part of, about the application filed by the concerned advocate requesting the Bench to accept his sincere apologies and not to penalise the client for his "inadvertent" mistake in taking the judgement out of the courtroom. |
| finance.indiainfo.com /news/2004/09/10/1009itc.html (248 words) |