Pushpam Pharmaceuticals Company v. Collector of Central Excise, Bombay

The appellant was engaged in manufacturing two categories of goods:

• Goods falling under Tariff Item 14E, and
• Goods falling under Tariff Item 68, which were fully exempt from payment of excise duty.

During the assessment years 1978-79, 1979-80, 1980-81 and 1981-82, the turnover of goods manufactured under Tariff Item 14E remained below ₹5 lakhs.