https://www.taxtmi.com/caselaws?id=89384 A small-scale industry exemption under Notification No. 175/86 was interpreted to require prior availing of the benefit only for some period within the preceding year, not for the whole financial year. The Tribunal rejected a restrictive reading of the word "during" and held that it covers any part of that year unless the notification expressly demands continuous or full-year availing. On that construction, partial exemption use in 1988-89 satisfied the eligibility condition for 1989-90, making the denial of exemption unsustainable. en-us Tue, 06 Oct 1998 00:00:00 +0530 Mon, 26 Sep 2011 16:41:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89384 A small-scale industry exemption under Notification No. 175/86 was interpreted to require prior availing of the benefit only for some period within the preceding year, not for the whole financial year. The Tribunal rejected a restrictive reading of the word "during" and held that it covers any part of that year unless the notification expressly demands continuous or full-year availing. On that construction, partial exemption use in 1988-89 satisfied the eligibility condition for 1989-90, making the denial of exemption unsustainable. Case-Laws Central Excise Tue, 06 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89384