Small-scale tread rubber exemption disallowed if either specified production limit or specified clearance value limit is exceeded. The circular clarifies that the concessional slab rates under Notification No. 56/88-C.E. for small-scale tread rubber manufacturers are not available if either of the prescribed limits in the preceding financial year is exceeded: exceeding the specified production limit for tread rubber or exceeding the specified value limit for clearances of all excisable goods disqualifies a unit from the benefit.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Small-scale tread rubber exemption disallowed if either specified production limit or specified clearance value limit is exceeded.
The circular clarifies that the concessional slab rates under Notification No. 56/88-C.E. for small-scale tread rubber manufacturers are not available if either of the prescribed limits in the preceding financial year is exceeded: exceeding the specified production limit for tread rubber or exceeding the specified value limit for clearances of all excisable goods disqualifies a unit from the benefit.
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