Definition of year clarifies exemption timing under notification, adopting calendar year for application of quantitative cap. The term 'Year' in Notification No. 6/88-CE, which exempts fents and rags of man-made fabrics subject to a quantitative restriction of 5% of total clearances of man-made fabrics from a factory, means the British calendar year running from January to December, and the quantitative limit is to be computed within that January-December period.
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.
Definition of year clarifies exemption timing under notification, adopting calendar year for application of quantitative cap.
The term "Year" in Notification No. 6/88-CE, which exempts fents and rags of man-made fabrics subject to a quantitative restriction of 5% of total clearances of man-made fabrics from a factory, means the British calendar year running from January to December, and the quantitative limit is to be computed within that January-December period.
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