2000 (8) TMI 836

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....asarathy, Advocate, for the Respondent. [Order per : S.L. Peeran, Member (J)]. -  This Reference Application has been filed by the Revenue against the Final Order No. 877/98 dated 8-5-1998 arising out of the order in appeal No. 97/97(M) dated 13-6-97 passed by the Commissioner (Appeals), Chennai. 2. The issue in this appeal was with regard to the applicants' entitlement of deeme....

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....he Notifications viz. "Availing of exemption can be availed only upto the clearance of Rs. 75 lakhs? (iv) Whether the Hon'ble Tribunal's view that they continue to operate under Notification No. 1/93 throughout the year is correct? In view of the fact that once the limit of Rs. 75 lakhs is crossed, the unit cannot avail any benefits even if it is just within one month i.e. for the rest of ....