Modvat credit acceptance via composite subsidiary gate passes permitted subject to pre authentication, recordkeeping and monthly verification. Acceptance of subsidiary gate passes issued by ET&T for claiming Modvat credit is permitted provided ET&T issues serially machine numbered composite subsidiary gate passes pre authenticated by the Range Superintendent in duplicate, maintains a prescribed register of gate pass wise receipts and issues available for inspection, lists constituent passes on the originals and submits exhausted GPIs monthly for verification, and allows the Range Superintendent/Inspector to conduct special month end checks to ensure proper verification of original GPIs with subsidiary gate passes.
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.
Modvat credit acceptance via composite subsidiary gate passes permitted subject to pre authentication, recordkeeping and monthly verification.
Acceptance of subsidiary gate passes issued by ET&T for claiming Modvat credit is permitted provided ET&T issues serially machine numbered composite subsidiary gate passes pre authenticated by the Range Superintendent in duplicate, maintains a prescribed register of gate pass wise receipts and issues available for inspection, lists constituent passes on the originals and submits exhausted GPIs monthly for verification, and allows the Range Superintendent/Inspector to conduct special month end checks to ensure proper verification of original GPIs with subsidiary gate passes.
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