Input credit rules amended to allow credit on originals or customs certificates when duplicates are lost, subject to time limits. The amendment permits Commissioner-issued exemptions from pre-authentication of invoice foils and serial-number intimations; extends several procedural time limits to one hundred and eighty days; allows input credit or receipt entries on originals or customs certificates where duplicate/triplicate invoices or bills of entry are lost in transit subject to Assistant Commissioner satisfaction and specified six- and nine-month cutoffs; disallows credit for inputs used in embroidery manufacture and redefines 'metre length' for certain machines; and permits consolidated daily debits and single account currents for qualifying assessees.
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Provisions expressly mentioned in the judgment/order text.
Input credit rules amended to allow credit on originals or customs certificates when duplicates are lost, subject to time limits.
The amendment permits Commissioner-issued exemptions from pre-authentication of invoice foils and serial-number intimations; extends several procedural time limits to one hundred and eighty days; allows input credit or receipt entries on originals or customs certificates where duplicate/triplicate invoices or bills of entry are lost in transit subject to Assistant Commissioner satisfaction and specified six- and nine-month cutoffs; disallows credit for inputs used in embroidery manufacture and redefines "metre length" for certain machines; and permits consolidated daily debits and single account currents for qualifying assessees.
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