TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Manufacturers Can Claim Duty Credit Despite Late Declarations u/r 57T; Must Explain Delay to Assistant Commissioner.</h1> Rule 57T of the Central Excise Rules, 1944 mandates manufacturers to file a declaration with the Assistant Commissioner to claim credit for duty paid on capital goods under Rule 57Q. Concerns have been raised about credit denial when declarations are filed post-receipt of goods, despite provisions allowing for delay condonation. The Board clarifies that credit should not be denied solely due to late declaration filing, provided a proper declaration is submitted before claiming duty credit. Manufacturers filing late declarations must explain the delay. This clarification should be communicated to the trade and field formations.
TaxTMI 
TaxTMI 
