Aerated waters

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....rupees seven and a half lakhs,— (i) on common trade mark aerated waters forming part of such first clearances, from so much of the duty of excise leviable thereon under the said heading No. [read with any other notification issued under sub-rule (1) of rule 8 of the Central Excise Rules, 1944 and in force for the time being] as is in excess of fifty per cent of such duty; (ii) on other aerated waters forming part of such first clearances, from the whole of the duty of excise leviable thereon; and (b) in the case of the clearances (being clearances of aerated waters of an aggregate value not exceeding rupees seven and a half lakhs) immediately following the said first clearances of the value specified in clause (a),— (i) on c....

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....rances of all excisable goods by him or on his behalf for home consumption, from one or more factories, during the preceding financial year, had exceeded rupees twenty lakhs; (ii) if the aggregate value of clearances of aerated waters by him or on his behalf for home consumption, from one or more factories, during the preceding financial year, had exceeded rupees fifteen lakhs. 3. Where a manufacturer has not cleared any aerated waters in the preceding financial year, or has cleared any aerated waters for the first time on or after the 1st day of August in the preceding financial year, the exemption contained in this notification shall be applicable to such manufacturer,— (a) if he files a declaration with the Assistant Collector....

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....g financial year, have been cleared for the first time on or after the 1st day of August in the preceding financial year, the exemption contained in this notification shall not be applicable, — (i) if the aggregate value of clearances of all excisable goods from such factory by or on behalf of one or more manufacturers for home consumption, during the financial year 1985-86, exceeds rupees twenty lakhs, (ii) if the aggregate value of clearances of aerated waters from such factory by or on behalf of one or more manufacturers from home consumption, during the financial year 1985-86, exceeds rupees fifteen lakhs. ExplanationI.— For the purposes of this notification, — (a) "common trade mark aerated waters" means aerated water....