https://www.taxtmi.com/caselaws?id=99420 Notification No. 1/93-C.E. was applied on the basis of the value of clearances of the specified goods up to the prescribed aggregate exemption limit. The Tribunal's settled view was that the benefit attaches to the value of goods cleared, and excise duty becomes payable only on the portion exceeding the threshold. On that approach, the Commissioner (Appeals) found no infirmity in extending the exemption for the oil furnace boiler clearance, and the Revenue challenge failed. en-us Wed, 10 Jan 2001 00:00:00 +0530 Fri, 27 Jan 2012 12:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99420 Notification No. 1/93-C.E. was applied on the basis of the value of clearances of the specified goods up to the prescribed aggregate exemption limit. The Tribunal's settled view was that the benefit attaches to the value of goods cleared, and excise duty becomes payable only on the portion exceeding the threshold. On that approach, the Commissioner (Appeals) found no infirmity in extending the exemption for the oil furnace boiler clearance, and the Revenue challenge failed. Case-Laws Central Excise Wed, 10 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99420