https://www.taxtmi.com/caselaws?id=43900 Notification No. 146/74 granting rebate on sugar produced in excess of the five-year average was construed to require the percentage slabs to be applied to the excess production itself, not to the average production base. The Court held that the notification's language and graded incentive structure supported this reading, because the rebate was intended to increase as excess output moved into higher slabs. The contrary interpretation was rejected, and the exemption notification was therefore interpreted in favour of the assessees. en-us Fri, 11 Nov 1994 00:00:00 +0530 Sat, 31 Jan 2015 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43900 Notification No. 146/74 granting rebate on sugar produced in excess of the five-year average was construed to require the percentage slabs to be applied to the excess production itself, not to the average production base. The Court held that the notification's language and graded incentive structure supported this reading, because the rebate was intended to increase as excess output moved into higher slabs. The contrary interpretation was rejected, and the exemption notification was therefore interpreted in favour of the assessees. Case-Laws Central Excise Fri, 11 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43900