https://www.taxtmi.com/caselaws?id=90498 An exemption notification for specified goods was construed as applying only to the first clearances in chronological order, subject to both the individual ceiling for each product and the overall ceiling for all specified goods. Clearances made on payment of duty were included in computing the first clearances, and the two limits had to be satisfied cumulatively. Once the aggregate value of first clearances crossed the overall ceiling, exemption could not continue for another product merely because its own clearances remained within the individual limit. The resulting effect was that the duty exemption ceased after breach of the aggregate ceiling. en-us Thu, 11 Jun 1998 00:00:00 +0530 Fri, 07 Oct 2011 17:29:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90498 An exemption notification for specified goods was construed as applying only to the first clearances in chronological order, subject to both the individual ceiling for each product and the overall ceiling for all specified goods. Clearances made on payment of duty were included in computing the first clearances, and the two limits had to be satisfied cumulatively. Once the aggregate value of first clearances crossed the overall ceiling, exemption could not continue for another product merely because its own clearances remained within the individual limit. The resulting effect was that the duty exemption ceased after breach of the aggregate ceiling. Case-Laws Central Excise Thu, 11 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90498