https://www.taxtmi.com/caselaws?id=85745 Modvat credit and full exemption under Notification No. 1/93-CE can be claimed simultaneously where they relate to different products. The Tribunal applied its earlier view, treated as affirmed by the Supreme Court, that the two benefits are not mutually exclusive in such a situation. Because the assessee used Modvat credit for some cleared goods and claimed exemption without credit for other distinct goods, the arrangement was consistent with the settled position. The assessee's appeal succeeded on that basis. en-us Tue, 27 Aug 1996 00:00:00 +0530 Sat, 06 Aug 2011 18:08:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85745 Modvat credit and full exemption under Notification No. 1/93-CE can be claimed simultaneously where they relate to different products. The Tribunal applied its earlier view, treated as affirmed by the Supreme Court, that the two benefits are not mutually exclusive in such a situation. Because the assessee used Modvat credit for some cleared goods and claimed exemption without credit for other distinct goods, the arrangement was consistent with the settled position. The assessee's appeal succeeded on that basis. Case-Laws Central Excise Tue, 27 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85745