TMI Blog1978 (11) TMI 62X X X X Extracts X X X X X X X X Extracts X X X X ..... he points urged in the reply to the Show Cause Notice for review, and also at the time of personal hearing. 2. The party, M/s. Precision Products of India were manufacturing nuts and bolts specified under Notification No. 13/76, dated 23-1-1976 and were enjoying exemption on their products up to the value of Rs. 5 lakhs as provided in Notification No. 158/71, dated 26-7-1971 and were eligible to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... immediately preceding the months in which they make the appeal for simplified procedure (2) who apply for licence for the first time on or after 1-1-1976 and (3) those specified in Sub-rule 3A of Rule 173RA of Central Excise Rules, 1944 and therefore, the Notification was not attracted in the present case. He observed that during the period from 1-4-1976 to 20-8-1976, the assessees will work under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he demand for duty therefore should be dropped and the order-in-appeal up-held. 6. Government of India accept the above pleas of the party. The party, required to work under physical control during the specified period, in terms of Sub-clause (1) of Rule 173RJ, cannot be debarred from availing of the benefit of exemption conferred by Notification No. 158/71. Government of India therefore uphold ..... X X X X Extracts X X X X X X X X Extracts X X X X
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