Credit of duty entitlements on inputs and capital goods revised, with invoice-based proof and procedural relaxations for manufacturers. Amendments permit input credit on original invoices if duplicate copies are lost in transit with Assistant Collector satisfaction, replace gate pass requirements with invoice requirements (including triplicate invoices), omit certain sub-rules and notifications, and revise capital goods treatment by allowing duty calculation with quarterly credit deductions for removals, permitting temporary removal for testing or repair after Assistant Collector intimation, and enabling credit where contractors paid specified duty subject to prescribed procedures.
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Provisions expressly mentioned in the judgment/order text.
Credit of duty entitlements on inputs and capital goods revised, with invoice-based proof and procedural relaxations for manufacturers.
Amendments permit input credit on original invoices if duplicate copies are lost in transit with Assistant Collector satisfaction, replace gate pass requirements with invoice requirements (including triplicate invoices), omit certain sub-rules and notifications, and revise capital goods treatment by allowing duty calculation with quarterly credit deductions for removals, permitting temporary removal for testing or repair after Assistant Collector intimation, and enabling credit where contractors paid specified duty subject to prescribed procedures.
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