https://www.taxtmi.com/caselaws?id=52666 Exemption notifications granting relief up to a specified aggregate value of clearances were treated as value-based exemptions, so clearances made under Notification Nos. 5/98-C.E. and 5/99-C.E. had to be included while computing the aggregate value under Notification Nos. 8/98-C.E. and 8/99-C.E. The exclusion for exemptions not based on quantity or value did not apply. On penalty, the dispute involved interpretation of the exemption scheme, so penal action was not warranted and the penalty was deleted. The duty demand was sustained, but the assessee obtained relief on penalty. en-us Tue, 27 Jan 2004 00:00:00 +0530 Thu, 07 Oct 2010 10:49:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52666 Exemption notifications granting relief up to a specified aggregate value of clearances were treated as value-based exemptions, so clearances made under Notification Nos. 5/98-C.E. and 5/99-C.E. had to be included while computing the aggregate value under Notification Nos. 8/98-C.E. and 8/99-C.E. The exclusion for exemptions not based on quantity or value did not apply. On penalty, the dispute involved interpretation of the exemption scheme, so penal action was not warranted and the penalty was deleted. The duty demand was sustained, but the assessee obtained relief on penalty. Case-Laws Central Excise Tue, 27 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52666