M/S. Vir Rubber Products P. Ltd vs Commnr. Of Central Excise, Mumbai-Iii

The Supreme Court addressed the interpretation of Notification No. 1/93 concerning excise duty exemptions for Small Scale Industrial units (SSI). The Court held that the aggregate value of clearances for the preceding financial year must include all goods cleared under any brand name, including those supplied to automobile companies, thus affirming the decision of the Customs, Excise & Gold (Control) Appellate Tribunal (CEGAT). The appellant's claim for exemption was denied as their total clearances exceeded Rs. 3 crores when including all brand names, not just their proprietary brand 'VIR'.