https://www.taxtmi.com/caselaws?id=122083 The Tribunal dismissed the appeal, upholding the Commissioner (Appeals) decision that once the appellant opted for the new scheme, they were bound by its conditions, including not utilizing Modvat credit for duty payment. The Tribunal emphasized that enjoying benefits from both the compound levy and ad valorem scheme simultaneously is impermissible, citing relevant case law. Despite the High Court allowing the appellant to avail the credit, the Tribunal found that the appellant should have informed the court about the scheme change and that the notification clearly prohibited availing any credit under the new scheme. en-us Tue, 29 Aug 2006 00:00:00 +0530 Wed, 08 Aug 2012 14:41:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122083 The Tribunal dismissed the appeal, upholding the Commissioner (Appeals) decision that once the appellant opted for the new scheme, they were bound by its conditions, including not utilizing Modvat credit for duty payment. The Tribunal emphasized that enjoying benefits from both the compound levy and ad valorem scheme simultaneously is impermissible, citing relevant case law. Despite the High Court allowing the appellant to avail the credit, the Tribunal found that the appellant should have informed the court about the scheme change and that the notification clearly prohibited availing any credit under the new scheme. Case-Laws Central Excise Tue, 29 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122083