https://www.taxtmi.com/caselaws?id=88695 A show cause notice is not invalid merely because it does not quantify the duty demand with precision, if it clearly states the basis of the demand and the alleged shortfall so the assessee can understand and meet the case. The document also states that an assessee may opt out of Modvat during the financial year and claim the benefit of Notification No. 175/86, where precedent recognises that election between Modvat credit and the small-scale exemption lies with the assessee. On that reasoning, the appeal was rejected, while the limited slab-computation issue was left for determination below. en-us Wed, 01 Jan 1997 00:00:00 +0530 Tue, 20 Sep 2011 16:27:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88695 A show cause notice is not invalid merely because it does not quantify the duty demand with precision, if it clearly states the basis of the demand and the alleged shortfall so the assessee can understand and meet the case. The document also states that an assessee may opt out of Modvat during the financial year and claim the benefit of Notification No. 175/86, where precedent recognises that election between Modvat credit and the small-scale exemption lies with the assessee. On that reasoning, the appeal was rejected, while the limited slab-computation issue was left for determination below. Case-Laws Central Excise Wed, 01 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88695