2003 (11) TMI 83

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....f clearances had exceeded the limit of 250 MTs prescribed under the Notification 56/88-C.E. on the basis that the exclusion for aggregate value purpose prescribed under Explanation II is not applicable to the aggregate quantum of clearances. 2. The Explanation II in the Notification 56/88-C.E., dated 1-3-88 (Central Excise Tarrif 1989-90) clearly sets out that for the purpose of computing the a....