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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Duty-Free Inputs Under DEEC Scheme Must Use Form IV, Not RG 23A Pt. I, No Job Work Allowed.</h1> Goods received duty-free under the Duty Exemption Entitlement Certificate (DEEC) Scheme must be recorded in a separate raw material account using Form IV, as opposed to the Modvat account in Form RG 23A Pt. I, where duty-paid inputs are recorded. This distinction is necessary to prevent confusion and ensure proper accounting and verification of Modvat credit. The duty-free inputs received under the DEEC Scheme are not permitted for job work under Rule 57F(2). This measure aims to standardize practices and facilitate easier compliance checks.
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