https://www.taxtmi.com/caselaws?id=45954 An exemption notification granting incentive benefit for higher production was construed as a cumulative scheme requiring clearances before 1 April 1980 and in each of the financial years 1980-81, 1981-82 and 1982-83. The wording was somewhat ambiguous, but a harmonious reading of the base period, condition (iv), and the relevant production years showed that 1980-81 mattered for eligibility under clause (iv) and not for computing the base period. Because the factory did not satisfy the cumulative clearance requirement, it was held not entitled to the incentive benefit. en-us Wed, 01 Aug 2001 00:00:00 +0530 Wed, 14 Jul 2010 18:11:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45954 An exemption notification granting incentive benefit for higher production was construed as a cumulative scheme requiring clearances before 1 April 1980 and in each of the financial years 1980-81, 1981-82 and 1982-83. The wording was somewhat ambiguous, but a harmonious reading of the base period, condition (iv), and the relevant production years showed that 1980-81 mattered for eligibility under clause (iv) and not for computing the base period. Because the factory did not satisfy the cumulative clearance requirement, it was held not entitled to the incentive benefit. Case-Laws Central Excise Wed, 01 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45954