https://www.taxtmi.com/caselaws?id=54091 An SSI exemption notification was applied product-wise, so payment of duty on one product, including waste and scrap, did not by itself amount to an exercise of option to forgo exemption on other products. The clause requiring an option during the financial year was relevant only where the assessee chose, for the same product, to claim exemption for part of the year and not for the remainder. Because exemption on machinery parts was continuously availed throughout the year, denial of SSI benefit on that basis was unwarranted, and entitlement to exemption on the other products was preserved. en-us Tue, 26 Apr 2005 00:00:00 +0530 Mon, 18 Oct 2010 10:00:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54091 An SSI exemption notification was applied product-wise, so payment of duty on one product, including waste and scrap, did not by itself amount to an exercise of option to forgo exemption on other products. The clause requiring an option during the financial year was relevant only where the assessee chose, for the same product, to claim exemption for part of the year and not for the remainder. Because exemption on machinery parts was continuously availed throughout the year, denial of SSI benefit on that basis was unwarranted, and entitlement to exemption on the other products was preserved. Case-Laws Central Excise Tue, 26 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54091