Neither? My electricity supplier (Octopus, was Bulb) have no interest in those meters. They only care about the readings from my main (smart) meter which is the one that shows actual Import and Export. That's the one I would photograph if requested, but they can get the readings remotely anyway.
Unless you have an old meter that only shows import?
The SDM120CT is used by your inverter to track the voltage and current being used and control its output as needed. It also uses that for its own totals (import/export/load etc).
The Emlite generation meter is, as far as I can work out, pointless. It may have been useful with the old FIT tariffs where you got paid handsomely for every unit your inverter produced, but not now with real Export tariffs. No one has ever looked at my Emlite.