https://www.taxtmi.com/caselaws?id=80370 Notification No. 175/86, as amended, was construed as a whole to determine eligibility under proviso 4(a) for a D.G.T.D.-registered unit. The proviso extended exemption only where the unit's clearances remained within the prescribed limit in both the preceding financial year and the current year. Although the text used the word "or", it was read as "and" to avoid rendering part of the proviso redundant and to preserve coherence with the scheme of the notification. On that construction, the exemption was available only if both clearance conditions were satisfied, and the unit was held ineligible for the benefit. en-us Tue, 06 Jun 1989 00:00:00 +0530 Thu, 16 Jun 2011 13:38:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80370 Notification No. 175/86, as amended, was construed as a whole to determine eligibility under proviso 4(a) for a D.G.T.D.-registered unit. The proviso extended exemption only where the unit's clearances remained within the prescribed limit in both the preceding financial year and the current year. Although the text used the word "or", it was read as "and" to avoid rendering part of the proviso redundant and to preserve coherence with the scheme of the notification. On that construction, the exemption was available only if both clearance conditions were satisfied, and the unit was held ineligible for the benefit. Case-Laws Central Excise Tue, 06 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80370