https://www.taxtmi.com/notifications?id=16946 Exemption applies to refrigerating and air conditioning appliances and parts produced by small scale units: full relief for initial clearances up to a prescribed aggregate value and partial relief for subsequent clearances up to a further prescribed aggregate value, subject to an overall per factory/per manufacturer cap. The exemption is disallowed if aggregate clearances of all excisable goods exceed a prescribed turnover threshold in the preceding year; qualifying new entrants must file a declaration and remain below the turnover ceiling. Value is determined under the statutory valuation provision, and certain fully exempt clearances are excluded from turnover computation. en-us Sun, 01 Mar 1987 00:00:00 +0530 Tue, 21 Jul 2009 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=16946 Exemption applies to refrigerating and air conditioning appliances and parts produced by small scale units: full relief for initial clearances up to a prescribed aggregate value and partial relief for subsequent clearances up to a further prescribed aggregate value, subject to an overall per factory/per manufacturer cap. The exemption is disallowed if aggregate clearances of all excisable goods exceed a prescribed turnover threshold in the preceding year; qualifying new entrants must file a declaration and remain below the turnover ceiling. Value is determined under the statutory valuation provision, and certain fully exempt clearances are excluded from turnover computation. Notifications Central Excise Sun, 01 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/notifications?id=16946