https://www.taxtmi.com/caselaws?id=89040 Explanation II to Notification No. 175/86-C.E. governed the computation of "aggregate value" wherever that expression was used in the notification, including Para 3. On that construction, clearances of capacitors that were fully exempt under Notification No. 74/85-C.E. could not be included in the preceding financial year's aggregate value for eligibility. The exemption-computation clause therefore applied to the eligibility condition in Para 3, and the excluded clearances were not to be counted for determining entitlement under Notification No. 175/86-C.E. en-us Tue, 05 May 1998 00:00:00 +0530 Fri, 23 Sep 2011 10:31:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89040 Explanation II to Notification No. 175/86-C.E. governed the computation of "aggregate value" wherever that expression was used in the notification, including Para 3. On that construction, clearances of capacitors that were fully exempt under Notification No. 74/85-C.E. could not be included in the preceding financial year's aggregate value for eligibility. The exemption-computation clause therefore applied to the eligibility condition in Para 3, and the excluded clearances were not to be counted for determining entitlement under Notification No. 175/86-C.E. Case-Laws Central Excise Tue, 05 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89040