https://www.taxtmi.com/circulars?id=52956 Eligible new or substantially expanded units that commenced commercial production on or before the sunset date remain entitled to area based excise exemption for goods even where excise levy was imposed subsequently. The sunset clause is an eligibility cutoff only; exercising the written option may occur after the sunset, and the ten year concession period is computed from commencement of production, not from the date the option is exercised. en-us Thu, 26 Apr 2012 00:00:00 +0530 Tue, 29 Jul 2014 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52956 Eligible new or substantially expanded units that commenced commercial production on or before the sunset date remain entitled to area based excise exemption for goods even where excise levy was imposed subsequently. The sunset clause is an eligibility cutoff only; exercising the written option may occur after the sunset, and the ten year concession period is computed from commencement of production, not from the date the option is exercised. Circulars Central Excise Thu, 26 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52956