https://www.taxtmi.com/caselaws?id=105371 A defaulting manufacturer could not clear prior fortnightly central excise arrears by using CENVAT credit earned after the relevant due date. Rule 173G required duty for each fortnight to be paid by the stipulated date, either through PLA debit or by utilising available CENVAT credit, while Rule 57AB limited such utilisation to credit available on the prescribed cut-off date for each fortnight. Credit accrued after that cut-off could not be applied retrospectively to an earlier defaulted period. The issue was therefore answered against the assessee. en-us Mon, 22 Oct 2001 00:00:00 +0530 Mon, 05 Mar 2012 14:44:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105371 A defaulting manufacturer could not clear prior fortnightly central excise arrears by using CENVAT credit earned after the relevant due date. Rule 173G required duty for each fortnight to be paid by the stipulated date, either through PLA debit or by utilising available CENVAT credit, while Rule 57AB limited such utilisation to credit available on the prescribed cut-off date for each fortnight. Credit accrued after that cut-off could not be applied retrospectively to an earlier defaulted period. The issue was therefore answered against the assessee. Case-Laws Central Excise Mon, 22 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105371