https://www.taxtmi.com/caselaws?id=73683 For computing aggregate clearances under Notification No. 80/80, the value of life-saving drugs was to be excluded if the goods were exempt from excise duty under another notification in force when the exemption claim was made. The majority treated the explanation as a valuation mechanism applicable uniformly to all manufacturers and rejected a reading that would unfairly disadvantage those who had produced the same goods in the preceding year. One member dissented, holding that the later exemption could not be used to exclude goods not wholly exempt during 1979-80, as that would give the later notification retrospective effect. en-us Fri, 29 Apr 1988 00:00:00 +0530 Thu, 02 Jun 2011 17:43:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73683 For computing aggregate clearances under Notification No. 80/80, the value of life-saving drugs was to be excluded if the goods were exempt from excise duty under another notification in force when the exemption claim was made. The majority treated the explanation as a valuation mechanism applicable uniformly to all manufacturers and rejected a reading that would unfairly disadvantage those who had produced the same goods in the preceding year. One member dissented, holding that the later exemption could not be used to exclude goods not wholly exempt during 1979-80, as that would give the later notification retrospective effect. Case-Laws Central Excise Fri, 29 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73683