https://www.taxtmi.com/caselaws?id=88123 SSI exemption under Notification No. 175/86 was held to depend on the aggregate value of qualifying clearances in the preceding financial year, applying the notification's clubbing provisions to clearances by a manufacturer from one or more factories and by one or more manufacturers from a factory. A later lease of the unit and production of an SSI certificate did not revive eligibility where the prescribed limit had already been crossed. The exemption was treated as attaching to the statutory conditions governing the factory and its clearances, not merely to the identity of the later lessee. The unit was therefore not entitled to the benefit of the notification, and the denial of SSI exemption was affirmed. en-us Mon, 05 Jan 1998 00:00:00 +0530 Thu, 15 Sep 2011 12:24:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88123 SSI exemption under Notification No. 175/86 was held to depend on the aggregate value of qualifying clearances in the preceding financial year, applying the notification's clubbing provisions to clearances by a manufacturer from one or more factories and by one or more manufacturers from a factory. A later lease of the unit and production of an SSI certificate did not revive eligibility where the prescribed limit had already been crossed. The exemption was treated as attaching to the statutory conditions governing the factory and its clearances, not merely to the identity of the later lessee. The unit was therefore not entitled to the benefit of the notification, and the denial of SSI exemption was affirmed. Case-Laws Central Excise Mon, 05 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88123