https://www.taxtmi.com/caselaws?id=165834 An assessee that had held a Central Excise licence for more than 12 months and opted out of the simplified procedure was governed by Rule 173 RB and Chapter VIIA, not by the Chapter V duty-payment regime linked to the proviso to Rule 173 RA(2). On that reasoning, the second proviso to Notification No. 14/76-C.E. did not bar the exemption, because the assessee did not fall within the class of new assessees to whom that restriction applied. The text concludes that the benefit of Notification No. 218/77 remained available in such circumstances. en-us Sat, 28 Nov 1981 00:00:00 +0530 Wed, 13 Aug 2014 11:48:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165834 An assessee that had held a Central Excise licence for more than 12 months and opted out of the simplified procedure was governed by Rule 173 RB and Chapter VIIA, not by the Chapter V duty-payment regime linked to the proviso to Rule 173 RA(2). On that reasoning, the second proviso to Notification No. 14/76-C.E. did not bar the exemption, because the assessee did not fall within the class of new assessees to whom that restriction applied. The text concludes that the benefit of Notification No. 218/77 remained available in such circumstances. Case-Laws Central Excise Sat, 28 Nov 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165834