CENVAT credit payment: duty discharge clarified and officer scrutiny plus mandatory document production required after returns. The amendment revises the duty payment mechanism to require payment by utilizing CENVAT credit or by crediting the duty payable to the Central Government in the manner specified in rule 8. It empowers the proper officer to scrutinise the correctness of duty declared in the return and to make further enquiries as necessary, and requires every assessee to make available all documents and records for verification when requested.
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.
CENVAT credit payment: duty discharge clarified and officer scrutiny plus mandatory document production required after returns.
The amendment revises the duty payment mechanism to require payment by utilizing CENVAT credit or by crediting the duty payable to the Central Government in the manner specified in rule 8. It empowers the proper officer to scrutinise the correctness of duty declared in the return and to make further enquiries as necessary, and requires every assessee to make available all documents and records for verification when requested.
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 
