https://www.taxtmi.com/acts?id=10084 The amendment establishes a recovery procedure for CENVAT credit of additional duty where credit would not have been available, requiring a notice and declaration of credit utilised, determination of utilised credit and separately computed interest at thirteen per cent per annum to a specified cut off, written notification of amounts by the Central Excise Officer, monthly one thirty sixth installment payments with prepayment allowed, issuance of a discharge order upon full payment, and modified show cause proceedings where declarations or payments are not made. en-us Wed, 22 Oct 2008 13:31:25 +0530 Fri, 11 May 2018 11:59:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10084 The amendment establishes a recovery procedure for CENVAT credit of additional duty where credit would not have been available, requiring a notice and declaration of credit utilised, determination of utilised credit and separately computed interest at thirteen per cent per annum to a specified cut off, written notification of amounts by the Central Excise Officer, monthly one thirty sixth installment payments with prepayment allowed, issuance of a discharge order upon full payment, and modified show cause proceedings where declarations or payments are not made. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 13:31:25 +0530 https://www.taxtmi.com/acts?id=10084