https://www.taxtmi.com/article/detailed?id=6016 Where concurrent exemption notifications offer either an unconditional nil-rate exemption or an unconditional partial exemption, the assessee may elect the exemption that is more beneficial. That election determines whether previously availed Cenvat credit remains admissible; choosing the partial exemption that permits credit preserves the credit and removes any requirement to reverse input, input service or capital goods credits that would follow from applying the absolute nil-rate exemption. en-us Sat, 17 Jan 2015 09:52:42 +0530 Sat, 17 Jan 2015 09:52:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6016 Where concurrent exemption notifications offer either an unconditional nil-rate exemption or an unconditional partial exemption, the assessee may elect the exemption that is more beneficial. That election determines whether previously availed Cenvat credit remains admissible; choosing the partial exemption that permits credit preserves the credit and removes any requirement to reverse input, input service or capital goods credits that would follow from applying the absolute nil-rate exemption. Articles Central Excise Sat, 17 Jan 2015 09:52:42 +0530 https://www.taxtmi.com/article/detailed?id=6016