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of <h1>Modvat Credit Allowed for Stamped Invoices from Feb 13, 1995, Due to Implementation Delays; Verification Required.</h1> The circular addresses the issue of Modvat Credit being denied due to invoices not being pre-printed with specified details as per a previous circular. It acknowledges a delay in the implementation of this requirement across various Commissionerates. The Board has decided that credit for duty paid on inputs should be allowed for invoices issued between February 13, 1995, and the date of individual public notices, even if they were stamped instead of pre-printed. Assistant Commissioners are instructed to verify the duty paid and ensure that both copies of the invoice are presented to prevent duplicate credit claims.
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