Provisional assessment for Modvat input irregularities allows Rule 98 procedure and limited show cause notices upon detection. Provisional assessment may be applied prospectively from the date an input irregularity is noticed when inputs were cleared based on finally approved fine lists; Rule 98 procedure should not be refused and Show Cause Notices for the prior six months may be issued. Classification disputes are to be settled by the Assistant Collector of the manufacturer's jurisdiction in consultation with the Collector/Principal Collector, with regard to views of officers in the receiving jurisdiction.
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.
Provisional assessment for Modvat input irregularities allows Rule 98 procedure and limited show cause notices upon detection.
Provisional assessment may be applied prospectively from the date an input irregularity is noticed when inputs were cleared based on finally approved fine lists; Rule 98 procedure should not be refused and Show Cause Notices for the prior six months may be issued. Classification disputes are to be settled by the Assistant Collector of the manufacturer's jurisdiction in consultation with the Collector/Principal Collector, with regard to views of officers in the receiving jurisdiction.
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 
