https://www.taxtmi.com/caselaws?id=98183 When a manufacturer shifts during the same financial year from a concessional duty notification to a small-scale exemption notification, earlier clearances made under the concessional scheme must still be counted for computing the exemption limit. The amended exemption scheme permits a choice not to avail the exemption and to clear goods at the applicable rate, but a later election to claim small-scale exemption operates only for the remaining clearances. The threshold is therefore calculated on the basis of all relevant clearances in that financial year, and exemption is available only on the balance, not on a fresh count from the date of switch. en-us Thu, 06 Apr 2000 00:00:00 +0530 Thu, 19 Jan 2012 15:40:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98183 When a manufacturer shifts during the same financial year from a concessional duty notification to a small-scale exemption notification, earlier clearances made under the concessional scheme must still be counted for computing the exemption limit. The amended exemption scheme permits a choice not to avail the exemption and to clear goods at the applicable rate, but a later election to claim small-scale exemption operates only for the remaining clearances. The threshold is therefore calculated on the basis of all relevant clearances in that financial year, and exemption is available only on the balance, not on a fresh count from the date of switch. Case-Laws Central Excise Thu, 06 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98183