"25 July 1996" Archive

Circular No. 233/67/96-CX Dated 25/7/1996

Circular No. 233/67/96-CX (25/07/1996)

Circular No. 233/67/96-CX Representations have been received from the Trade regarding denial of MODVAT Credit on invoices generated through Computer by registered dealers where the said persons have failed to submit the details of the software used including the format for information of the Assistant Commissioner of Central Excise in te...

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Reversal of Modvat credit availed in inputs used in the manufacture of exempted final products

Circular No. 232/66/96-CX (25/07/1996)

Circular No. 232/66/96-CX Consolidated maintenance of RG 23 A part -II is permitted where the inputs are used in the manufacture of exempted and dutiable final products vide Board"s Circular No. 33/33/94-CX dated 04.05.1994. However, in such cases a statement has to be submitted by the assessee in the prescribed proforma showing particul...

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