https://www.taxtmi.com/caselaws?id=405711 The exemption scheme allowed a manufacturer to opt for fixation of a special rate based on actual value addition instead of the standard refund rate, if the prescribed conditions were met. Because the petitioner had applied for that special rate after restoration of the notifications and the request had not yet been examined, the matter had to be considered first on its merits rather than proceeding on the standard rate basis. Pending that decision, no coercive steps were to be taken against the petitioner. The separate question of interest was left open and was not decided in the proceeding. en-us Wed, 24 Mar 2021 00:00:00 +0530 Thu, 21 Oct 2021 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405711 The exemption scheme allowed a manufacturer to opt for fixation of a special rate based on actual value addition instead of the standard refund rate, if the prescribed conditions were met. Because the petitioner had applied for that special rate after restoration of the notifications and the request had not yet been examined, the matter had to be considered first on its merits rather than proceeding on the standard rate basis. Pending that decision, no coercive steps were to be taken against the petitioner. The separate question of interest was left open and was not decided in the proceeding. Case-Laws Central Excise Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405711