https://www.taxtmi.com/caselaws?id=106894 For small-scale exemption under Notification No. 175/86-C.E., the aggregate ceiling for first clearances had to be computed on the basis of chronological clearances of all specified goods, and duty-paid clearances could not be excluded merely because another exemption was theoretically available but not actually availed. On that construction, clearances made after the assessee crossed the Rs. 30 lakh limit were liable to duty, and the demand was sustained. Although the duty liability remained intact, the overall facts involved an interpretative dispute on exemption computation, so penalty was not justified and was set aside. en-us Fri, 25 Oct 2002 00:00:00 +0530 Fri, 16 Mar 2012 12:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106894 For small-scale exemption under Notification No. 175/86-C.E., the aggregate ceiling for first clearances had to be computed on the basis of chronological clearances of all specified goods, and duty-paid clearances could not be excluded merely because another exemption was theoretically available but not actually availed. On that construction, clearances made after the assessee crossed the Rs. 30 lakh limit were liable to duty, and the demand was sustained. Although the duty liability remained intact, the overall facts involved an interpretative dispute on exemption computation, so penalty was not justified and was set aside. Case-Laws Central Excise Fri, 25 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106894