https://www.taxtmi.com/caselaws?id=85820 For exemption notifications fixing a small-scale industry clearance threshold, the aggregate value of clearances must be computed on a cum-duty basis after excluding the excise duty component. Duty paid and included in the sale price is not part of the assessable aggregate for the exemption limit, and the valuation provision supports deduction of that element. Applying this approach to the relevant financial year, the clearances fell below the prescribed monetary limit once duty was removed, so eligibility under Notification No. 175/86-C.E. was sustained and the exemption was available. en-us Mon, 23 Sep 1996 00:00:00 +0530 Mon, 08 Aug 2011 13:16:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85820 For exemption notifications fixing a small-scale industry clearance threshold, the aggregate value of clearances must be computed on a cum-duty basis after excluding the excise duty component. Duty paid and included in the sale price is not part of the assessable aggregate for the exemption limit, and the valuation provision supports deduction of that element. Applying this approach to the relevant financial year, the clearances fell below the prescribed monetary limit once duty was removed, so eligibility under Notification No. 175/86-C.E. was sustained and the exemption was available. Case-Laws Central Excise Mon, 23 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85820