https://www.taxtmi.com/caselaws?id=40994 A new manufacturing unit that had not effected clearances in the preceding financial year was held ineligible for exemption under Notification No. 8/74-C.E., because the notification was construed strictly and applied only where the expressed eligibility condition was met. A delayed finalisation of provisional assessment did not, by itself, invalidate the demand, as the trade notice did not create any automatic legal consequence after three months. On these grounds, the revision application was rejected and the order-in-appeal was upheld. en-us Fri, 26 Oct 1979 00:00:00 +0530 Wed, 19 May 2010 12:06:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40994 A new manufacturing unit that had not effected clearances in the preceding financial year was held ineligible for exemption under Notification No. 8/74-C.E., because the notification was construed strictly and applied only where the expressed eligibility condition was met. A delayed finalisation of provisional assessment did not, by itself, invalidate the demand, as the trade notice did not create any automatic legal consequence after three months. On these grounds, the revision application was rejected and the order-in-appeal was upheld. Case-Laws Central Excise Fri, 26 Oct 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40994