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Archive: 30 December 1996

Posts in 30 December 1996

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

February 14, 2025 3765 Views 0 comment Print

Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.

Availment and utilisation of modvat credit of duty paid on inputs under Rule 57F (1)(ii)

December 30, 1996 1075 Views 0 comment Print

Circular No.282/116/96-CX It has been brought to the notice of the Board that after the amendment of Rule 57G vide notification No. 14/96-CE (NT) dated 23.07.96 specifying the documents for the purpose of modvat, the credit is being denied by the field formations is cases where the duty has been paid on the inputs under Rule 57F (1)(ii). In this regard it has been stated that under amended Rule 57G

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