Returned Clearances Excluded from Turnover for Small-Scale Exemption u/r 16, Central Excise Rules 2002.

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....Small Scale exemption - determination of turnover upto ₹ 4 crores of previous financial year - There was no justification in including the value of clearance during the Financial Year 2006-07 since the same were returned during the month of March, 2007, as provided by provisions under Rule 16 of Central Excise Rules, 2002....