https://www.taxtmi.com/caselaws?id=165866 Exemption under Notification No. 71/78-C.E. depended on compliance with the conditions applicable to the relevant year of clearance. The notification was read as requiring clause (a)(ii) and clause (aa) to be satisfied together, rather than as alternative routes to relief. Where the manufacturer met clause (a)(ii) but failed to satisfy clause (aa), the exemption was unavailable for that year and the revision application failed. The operative point is that eligibility under the notification turned on fulfilment of all applicable conditions in combination. en-us Sat, 27 Feb 1982 00:00:00 +0530 Thu, 14 Aug 2014 11:04:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165866 Exemption under Notification No. 71/78-C.E. depended on compliance with the conditions applicable to the relevant year of clearance. The notification was read as requiring clause (a)(ii) and clause (aa) to be satisfied together, rather than as alternative routes to relief. Where the manufacturer met clause (a)(ii) but failed to satisfy clause (aa), the exemption was unavailable for that year and the revision application failed. The operative point is that eligibility under the notification turned on fulfilment of all applicable conditions in combination. Case-Laws Central Excise Sat, 27 Feb 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165866