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Archive: 30 December 1996

Posts in 30 December 1996

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

December 30, 1996 1087 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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