https://www.taxtmi.com/caselaws?id=82677 Notification No. 175/86 gave SSI units an option either to avail Modvat credit and clear goods at the concessional rate, or to forgo such credit and clear within the prescribed value limit at nil rate. Filing a declaration under Rule 57G did not, by itself, make credit mandatory or bar the exemption. Where the manufacturer otherwise satisfied the notification conditions, exemption could not be denied merely because a declaration was filed or a higher duty rate had been paid. The alleged misuse of higher buyer credit under Rule 57B was not accepted, and the duty demand and penalty were set aside. en-us Thu, 19 Aug 1993 00:00:00 +0530 Wed, 06 Jul 2011 17:04:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82677 Notification No. 175/86 gave SSI units an option either to avail Modvat credit and clear goods at the concessional rate, or to forgo such credit and clear within the prescribed value limit at nil rate. Filing a declaration under Rule 57G did not, by itself, make credit mandatory or bar the exemption. Where the manufacturer otherwise satisfied the notification conditions, exemption could not be denied merely because a declaration was filed or a higher duty rate had been paid. The alleged misuse of higher buyer credit under Rule 57B was not accepted, and the duty demand and penalty were set aside. Case-Laws Central Excise Thu, 19 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82677