https://www.taxtmi.com/caselaws?id=115068 Notification No. 6/2002-C.E. was construed to mean that the first clearances of paper and paperboard in a financial year, up to the prescribed aggregate limit, were to be computed after excluding quantities already removed on payment of duty at the start of the year. The Tribunal followed the precedent on "first clearance" and accepted that duty-paid clearances did not defeat the exemption within the overall quota. Once the exemption was held admissible, the basis for the duty demand fell away and the connected penalties were also unsustainable. en-us Tue, 25 Jan 2005 00:00:00 +0530 Wed, 23 May 2012 15:21:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115068 Notification No. 6/2002-C.E. was construed to mean that the first clearances of paper and paperboard in a financial year, up to the prescribed aggregate limit, were to be computed after excluding quantities already removed on payment of duty at the start of the year. The Tribunal followed the precedent on "first clearance" and accepted that duty-paid clearances did not defeat the exemption within the overall quota. Once the exemption was held admissible, the basis for the duty demand fell away and the connected penalties were also unsustainable. Case-Laws Central Excise Tue, 25 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115068