Transfer of excise credit permitted from abolished duty head to basic duty head on manufacturer application, with accounting notification. Manufacturers may apply to transfer unutilised credit from the abolished special excise duty accounting head to the basic excise duty head under the credit-utilisation rule; transfers are allowed on application, the Chief Accounts Officer must be informed, and field formations and trade are to be notified of the facilitation.
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.
Transfer of excise credit permitted from abolished duty head to basic duty head on manufacturer application, with accounting notification.
Manufacturers may apply to transfer unutilised credit from the abolished special excise duty accounting head to the basic excise duty head under the credit-utilisation rule; transfers are allowed on application, the Chief Accounts Officer must be informed, and field formations and trade are to be notified of the facilitation.
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