https://www.taxtmi.com/caselaws?id=89018 Under Notification No. 175/86-C.E., the exemption on "first clearances" was to be applied to the aggregate value of clearances in chronological order. The Tribunal followed the Larger Bench interpretation and held that the full exemption ceiling and the balance limit must be worked out within that aggregate, so clearances could not be excluded merely because duty had been paid on some goods or because different tariff headings were involved. Applying that construction, the Tribunal accepted the assessee's claim and rejected the Revenue's challenge. en-us Tue, 07 Apr 1998 00:00:00 +0530 Thu, 22 Sep 2011 18:13:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89018 Under Notification No. 175/86-C.E., the exemption on "first clearances" was to be applied to the aggregate value of clearances in chronological order. The Tribunal followed the Larger Bench interpretation and held that the full exemption ceiling and the balance limit must be worked out within that aggregate, so clearances could not be excluded merely because duty had been paid on some goods or because different tariff headings were involved. Applying that construction, the Tribunal accepted the assessee's claim and rejected the Revenue's challenge. Case-Laws Central Excise Tue, 07 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89018