Exemption Limit enhanced to Rs. 1 crore from Rs. 50 lacs

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....(3) of the said Table. Table   SI.No. Notification No. and date Amendment (1) (2) (3) 1. Ntf. No. 8/2000-CE, dated the 1st March, 2000 In the said notification, - (i) in the Table, - (a) against SI.No. 1, in column (2), - (I) for the words "fifty lakh rupees", the words "one hundred lakh rupees" shall be substituted, (II) the following proviso shall be inserted at the end namely:- "Provided that if any clearances for home consumption have been made before the 1st day of September, 2000 under this notification during the financial year 2000-2001 , whether at nil rate or otherwise the aggregate value of such clearances shall be taken into account for computing the limit of one hundred lakh rupees".....

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...., the following clause shall be inserted, namely:- "(I) refund of duty paid at the concessional rate of five per cent on any clearances made before the 1st day of September 2000 e on the ground that such clearances are included in the aggregate value of clearances under SI.No. 1 of the TABLE, shall not be admissible." 2. Ntf. No. 9/2000-CE, dated the 1st March, 2000 In the said notification, - (i) in the TABLE, (a) against SI.No. 1 in column (2), - (I) for the words "fifty lakh rupees", the words "one hundred lakh rupees" shall be substituted; (II) the following proviso shall be inserted at the end namely, - "Provided that if any clearances for home consumption have been made before the 1st day of September 2000, ....