Novopan India Ltd., Hyderabad vs Collector Of Central Excise And ... on 14 September, 1994
In support of his submission the ld AR
for the assessee relied on the decision of Hon'ble Supreme Court in
Novopan India Ltd. vs. Collector of Central Excise and Customs Hyderabad
[1994 Supp. (3) SCC 606], for the preposition that once the provision is
found applicable to a subject, full effect i.e. liberal interpretation must be
given to it and strict construction of any exemption provision should be
applied only at the threshold stage.