https://www.taxtmi.com/caselaws?id=245791 An assessee may choose either to claim exemption under the notification or to discharge duty on the final product by utilising MODVAT credit on inputs under Rule 57A of the Central Excise Rules, 1944. The Delhi High Court treated the reference as identical to an earlier one on the same issue and followed that prior view. The legal position applied was that the governing notification and rules permitted this election between exemption and MODVAT-based duty payment, so the question was answered in favour of the assessee and against the Revenue. en-us Mon, 31 Mar 2014 00:00:00 +0530 Tue, 08 Apr 2014 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245791 An assessee may choose either to claim exemption under the notification or to discharge duty on the final product by utilising MODVAT credit on inputs under Rule 57A of the Central Excise Rules, 1944. The Delhi High Court treated the reference as identical to an earlier one on the same issue and followed that prior view. The legal position applied was that the governing notification and rules permitted this election between exemption and MODVAT-based duty payment, so the question was answered in favour of the assessee and against the Revenue. Case-Laws Central Excise Mon, 31 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245791