2010 (1) TMI 379

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...., SDR, for the Respondent. [Order per : Jyoti Balasundaram, Vice-President]. - The brief facts of the case are that the assessees herein who are manufacturers of calcium carbide had purchased M/s. Sangavi Industries, a proprietary concern. In other words, the factory of M/s. Sangavi Industries was taken over by the appellants herein who continued to manufacture goods in the same premises. The dep....

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....stipulates that nothing contained in the notification shall apply if the aggregate value of clearances of the specified goods for home consumption in a financial year — (a) ...... or (b) from a factory by one or more manufacturers had exceeded Rs. 200 lakhs in the preceding financial year. There is no dispute that the clearances from the factory including clearances made by Sangavi Industries pr....