https://www.taxtmi.com/caselaws?id=80377 Clearances of solubilised vats removed under a full exemption notification were required to be excluded from the aggregate value of clearances under Notification No. 80/80-C.E. because the explanation to that notification disregarded goods exempted from the whole of duty under another operative exemption. Excluding those clearances brought the assessee below the prescribed monetary limit for the preceding financial year, so exemption for synthetic resins became available for the relevant year. The later deletion of solubilised vats from the exemption scheme had no retrospective effect and did not change their treatment for the earlier assessment period. en-us Fri, 13 Oct 1989 00:00:00 +0530 Thu, 16 Jun 2011 14:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80377 Clearances of solubilised vats removed under a full exemption notification were required to be excluded from the aggregate value of clearances under Notification No. 80/80-C.E. because the explanation to that notification disregarded goods exempted from the whole of duty under another operative exemption. Excluding those clearances brought the assessee below the prescribed monetary limit for the preceding financial year, so exemption for synthetic resins became available for the relevant year. The later deletion of solubilised vats from the exemption scheme had no retrospective effect and did not change their treatment for the earlier assessment period. Case-Laws Central Excise Fri, 13 Oct 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80377