Invoice issuance under Rule 57G: registration, RG 23D records and monthly verification secure Modvat entitlement. Issuance of invoices under Rule 57G requires registration under Rule 174 with a prescribed certificate limited to specified premises and commodities; invoices must have preprinted serials and duplicate copies must accompany goods as transport and Modvat cover. Registered persons must maintain RG 23D records godown-wise, submit monthly photocopies of RG 23D and triplicate invoices, and allow Range Superintendents to verify triplicates against receiving duplicates and to deface or endorse receiving documents to record Modvat utilisation and balances.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Invoice issuance under Rule 57G: registration, RG 23D records and monthly verification secure Modvat entitlement.
Issuance of invoices under Rule 57G requires registration under Rule 174 with a prescribed certificate limited to specified premises and commodities; invoices must have preprinted serials and duplicate copies must accompany goods as transport and Modvat cover. Registered persons must maintain RG 23D records godown-wise, submit monthly photocopies of RG 23D and triplicate invoices, and allow Range Superintendents to verify triplicates against receiving duplicates and to deface or endorse receiving documents to record Modvat utilisation and balances.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
