Tecsun Rubber Products vs Commissioner Of C. Ex., Cochin

The Supreme Court held that under Notification 56/88-C.E., the aggregate value of clearances for computing eligibility should exclude clearances of excisable goods exempted from duty by other notifications, as per Explanation II. The Court found that the Tribunal's interpretation was unclear regarding the applicability of this exclusion to larger units engaged in job work. Consequently, the Court set aside the Tribunal's order, allowing the appeals and directing the department to give effect to this ruling.