https://www.taxtmi.com/caselaws?id=51622 An option to forgo exemption under Notification No. 1/93-C.E. must be exercised only for the specific goods to which it is directed. Payment of duty at the normal rate on waste and scrap, supported by classification declarations and invoice practice, showed an election only for that product and did not amount to a clear waiver of exemption for switches. On that basis, the assessee remained entitled to claim the notification for switches while excluding waste and scrap cleared on normal duty from the exemption limit. Authorities dealing with Modvat credit or different factories and goods were treated as inapplicable on these facts. en-us Mon, 21 Oct 2002 00:00:00 +0530 Mon, 27 Sep 2010 11:56:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51622 An option to forgo exemption under Notification No. 1/93-C.E. must be exercised only for the specific goods to which it is directed. Payment of duty at the normal rate on waste and scrap, supported by classification declarations and invoice practice, showed an election only for that product and did not amount to a clear waiver of exemption for switches. On that basis, the assessee remained entitled to claim the notification for switches while excluding waste and scrap cleared on normal duty from the exemption limit. Authorities dealing with Modvat credit or different factories and goods were treated as inapplicable on these facts. Case-Laws Central Excise Mon, 21 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51622