1989 (8) TMI 339

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....ut oil commenced only on March 24, 1983, whereas the statutory requirement was that production must start between March 31, 1978 and March 14, 1983. The Assistant Commissioner further held that the petitioner's application for grant of an eligibility certificate was made on June 8, 1983 whereas the last date for submission of such application was April 14, 1983. Lastly, the Assistant Commissioner held that the assessee maintained two sets of sale memos, one for coconut oil and the other for oil-cakes with identical serial numbers. The statute does not require separate serials to be kept for separate commodities. The Assistant Commissioner rejected the application for grant of an eligibility certificate on the aforesaid grounds. The assesse....

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.... cash/credit memos for sales of goods manufactured in such industries. Although the Assistant Commissioner pointed out that the petitioner keeps two separate serially numbered cash/credit memos for coconut oil and oil-cakes, the Additional Commissioner has not rejected the application for the petitioner on that ground. Moreover, if the petitioner keeps serially numbered cash/credit memos for sale of each item of goods manufactured in such industry, prima facie, it does not appear that the petitioner has committed any wrong. The requirement of the section is to issue serially numbered cash/credit memos for sales of goods manufactured in the new industry. The section in terms does not require the petitioner to keep only one set of serially nu....