Commissioner Of Central Excise ... vs Jalaram Wood Crafts (P) Ltd

The Supreme Court addressed appeals concerning the applicability of Notification No. 175/86 and Notification No. 217/86 under the Central Excise Act. The Court held that the exemption under Notification No. 217/86 for intermediate products is not available when the final products are exempted under Notification No. 175/86. The Court confirmed the Tribunal's decision, emphasizing that the aggregate value of clearances for final products must be computed without considering the value of inputs as per Explanation-III of Notification No. 175/86.