https://www.taxtmi.com/caselaws?id=32432 A manufacturer could not simultaneously avail full exemption under Notification No. 175/86-C.E. for some goods and Modvat credit under Rule 57A for others where the notification and credit scheme operated as mutually structured alternatives. The notification had to be read as a whole and harmoniously, so the manufacturer's choice between exemption and Modvat credit determined the applicable benefit structure. The earlier view relied on by the Tribunal had already been overruled by a larger Bench, and the later departmental clarification also confirmed that concurrent availment was impermissible. The integrated scheme therefore required election of one concession, not both. en-us Thu, 04 Nov 2004 00:00:00 +0530 Tue, 23 Sep 2025 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32432 A manufacturer could not simultaneously avail full exemption under Notification No. 175/86-C.E. for some goods and Modvat credit under Rule 57A for others where the notification and credit scheme operated as mutually structured alternatives. The notification had to be read as a whole and harmoniously, so the manufacturer's choice between exemption and Modvat credit determined the applicable benefit structure. The earlier view relied on by the Tribunal had already been overruled by a larger Bench, and the later departmental clarification also confirmed that concurrent availment was impermissible. The integrated scheme therefore required election of one concession, not both. Case-Laws Central Excise Thu, 04 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32432