https://www.taxtmi.com/caselaws?id=356925 For computing the aggregate value for SSI exemption under Notification No. 6/2005-ST, the Tribunal held that the abatement under Notification No. 1/2006-ST must be excluded from the gross amount, so only the net value actually chargeable is counted. Reading the exemption threshold with Sections 65, 66 and 67 of the Finance Act, 1994, it applied the settled principle that the exempted portion is not part of the amount for this limited computation. The Department's objection to the assessee's method was rejected, the demand failed, and the appeals were allowed in favour of the assessee. en-us Mon, 15 Jan 2018 00:00:00 +0530 Wed, 14 Mar 2018 21:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356925 For computing the aggregate value for SSI exemption under Notification No. 6/2005-ST, the Tribunal held that the abatement under Notification No. 1/2006-ST must be excluded from the gross amount, so only the net value actually chargeable is counted. Reading the exemption threshold with Sections 65, 66 and 67 of the Finance Act, 1994, it applied the settled principle that the exempted portion is not part of the amount for this limited computation. The Department's objection to the assessee's method was rejected, the demand failed, and the appeals were allowed in favour of the assessee. Case-Laws Service Tax Mon, 15 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356925