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Issue Price

Legal definition for Indian law research

Definition

Issue price, issue price is the sum total of whatever has gone into the price of liquor at the time it is issued and it is a single predetermined definite sum and not the total of separate sum representing so many specified components including excise duty, State of A.P. v. Y. Prabhakara Reddy, AIR 1987 SC 933: (1987) 2 SCR 513: (1987) 2 SCC 136.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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