Modvat credit refund: amendment updates rule reference and permits deemed credit register alongside form RG 23A. Modvat credit refund procedure is amended by substituting the opening paragraph reference from sub-rule (3) to sub-rule (13) and by revising Appendix references so that mentions of form RG 23A in paragraph 6 and in Form A, paragraph II, are replaced with 'form RG 23A or the deemed credit register maintained in respect of textile fabrics, as the case may be,' permitting either document as evidence for claiming credit on inputs used in goods exported under bond.
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Provisions expressly mentioned in the judgment/order text.
Modvat credit refund: amendment updates rule reference and permits deemed credit register alongside form RG 23A.
Modvat credit refund procedure is amended by substituting the opening paragraph reference from sub-rule (3) to sub-rule (13) and by revising Appendix references so that mentions of form RG 23A in paragraph 6 and in Form A, paragraph II, are replaced with "form RG 23A or the deemed credit register maintained in respect of textile fabrics, as the case may be," permitting either document as evidence for claiming credit on inputs used in goods exported under bond.
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