Government factory exclusion clarified: industrial corporation factories not entitled to separate excise concession treatment under Explanation V. Explanation V allows separate consideration of clearances where goods are manufactured in a factory belonging to or maintained by the Central/State Government or by KVIC. The Ministry clarified that factories belonging to independent industrial corporations that are undertakings of State/Central Governments do not fall within Explanation V; accordingly, such factories' clearances are not eligible for the non clubbing benefit and must be aggregated for determining eligibility under the Small Scale Exemption notification.