https://www.taxtmi.com/caselaws?id=102348 For computing the value of first clearances under Notification No. 1/93, the relevant starting point was the date on which the manufacturer elected to avail the exemption, not the commencement of the financial year. The Tribunal relied on its earlier decisions and held that those precedents supported this approach, while the Revenue's reliance on the financial year basis did not displace the earlier view. The computation of first clearances was therefore affirmed from the date of election to avail the notification, and the appeals failed. en-us Tue, 18 Dec 2001 00:00:00 +0530 Tue, 14 Feb 2012 15:48:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102348 For computing the value of first clearances under Notification No. 1/93, the relevant starting point was the date on which the manufacturer elected to avail the exemption, not the commencement of the financial year. The Tribunal relied on its earlier decisions and held that those precedents supported this approach, while the Revenue's reliance on the financial year basis did not displace the earlier view. The computation of first clearances was therefore affirmed from the date of election to avail the notification, and the appeals failed. Case-Laws Central Excise Tue, 18 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102348