Allotment Rate - Definition - Law Dictionary Home Dictionary Definition allotment-rate

Definition :

Allotment rate, the 'allotment rate' which must mean and did mean 'the allotment price' meaning thereby the price of the allotment or price of the allotted quantity which shall be exclusive of all taxes, cesses and duties leviable thereon under the law, Hill Tiller & Co v. Coffee Board, Banglore, AIR 1979 SC 1785 (1790): (1979) 4 SCC 543, (Rules Governing Allotment of Imported Chicory to Actual Vess, 1960).