https://www.taxtmi.com/caselaws?id=87783 A conditional exemption on captively consumed intermediate goods may be declined where the assessee chooses to pay duty on those goods, and that duty payment can be taken as eligible credit. The credit may then be utilised for duty on the final products, because the intermediate goods are treated as duty paid once duty is actually discharged. The treatment is consistent with an optional conditional exemption and makes the related credit claim sustainable when the duty has been validly paid on the intermediate product. en-us Tue, 08 Jul 1997 00:00:00 +0530 Sat, 10 Sep 2011 12:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87783 A conditional exemption on captively consumed intermediate goods may be declined where the assessee chooses to pay duty on those goods, and that duty payment can be taken as eligible credit. The credit may then be utilised for duty on the final products, because the intermediate goods are treated as duty paid once duty is actually discharged. The treatment is consistent with an optional conditional exemption and makes the related credit claim sustainable when the duty has been validly paid on the intermediate product. Case-Laws Central Excise Tue, 08 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87783