1999 (5) TMI 209

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..... issue involved in this Appeal filed by M/s. Searsole Chemicals Ltd. is whether the benefit of Notification No. 1/93 was available to the excisable goods cleared by them during the financial year 1994-95. 2. The facts in brief are that Notification No. 1/93, dated 28-2-1993 was amended by Notification No. 125/94, dated 31-8-1994. The effect of this amending Notification was that the benefit of N .....

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..... f goods by the Appellants was already around Rs. 2 crores upto 7-3-1995 and they crossed this limit between 7-3-1995 to 31-3-1995 during which period they wanted to avail the benefit of Notification No. 1/93. 3. The appellants have requested for adjournment as their Counsel was pre-occupied with other matters in the High Court. However, as very short point was involved in the appeal their reques .....

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..... as they have not contravend provision of the law and they had filed revised classification list. 5. Ld. DR reiterates the findings of the Collector (Appeals) as contained in the impugned order. 6. We have considered the submissions of both the sides. Notification 1/93, as amended clearly provided that the benefit of notification will not be available if the aggregate value of clearance of all .....

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