https://www.taxtmi.com/caselaws?id=74864 Exemption under Notification No. 89/79-C.E. depended on whether the capital investment in the relevant industrial unit stayed within the prescribed limit. The applicable unit was the one in which the cleared goods were manufactured, and the notification's explanation required the face value of each investment to be taken at the time it was made, rather than aggregating investment on another basis. The challenged order had not applied this method correctly or properly determined eligibility on that footing. The claim was therefore required to be reconsidered under the correct interpretation, and the matter was remanded for fresh decision in accordance with law. en-us Wed, 24 Jun 1987 00:00:00 +0530 Mon, 13 Jun 2011 10:34:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74864 Exemption under Notification No. 89/79-C.E. depended on whether the capital investment in the relevant industrial unit stayed within the prescribed limit. The applicable unit was the one in which the cleared goods were manufactured, and the notification's explanation required the face value of each investment to be taken at the time it was made, rather than aggregating investment on another basis. The challenged order had not applied this method correctly or properly determined eligibility on that footing. The claim was therefore required to be reconsidered under the correct interpretation, and the matter was remanded for fresh decision in accordance with law. Case-Laws Central Excise Wed, 24 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74864