https://www.taxtmi.com/caselaws?id=32496 An exemption under Notification No. 43/97-ST, as retrospectively amended, was denied because the appellant fell within an express exclusion category of the notification. The relevant principle applied was that satisfaction of any one disqualifying category is sufficient to bar the exemption, even if the appellant does not fall within the remaining exclusions. The appellant's status as a private limited company placed it within exclusion category (ii), so the benefit of the notification was unavailable and the denial of exemption was upheld. en-us Wed, 17 Sep 2008 00:00:00 +0530 Fri, 22 May 2009 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32496 An exemption under Notification No. 43/97-ST, as retrospectively amended, was denied because the appellant fell within an express exclusion category of the notification. The relevant principle applied was that satisfaction of any one disqualifying category is sufficient to bar the exemption, even if the appellant does not fall within the remaining exclusions. The appellant's status as a private limited company placed it within exclusion category (ii), so the benefit of the notification was unavailable and the denial of exemption was upheld. Case-Laws Service Tax Wed, 17 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32496