https://www.taxtmi.com/circulars?id=178 Fraudulent availment of MODVAT credit prompted emphasis on enforcing recent Central Excise amendments (including interest and penal provisions) to prevent wrongful credit claims. Authorities are directed to take stringent deterrent action against assessees who unlawfully avail credit and to initiate proceedings against departmental officers found lax in implementing the law, establishing dual accountability to bolster compliance and safeguard the MODVAT mechanism. en-us Wed, 14 Jan 1998 00:00:00 +0530 Mon, 22 Sep 2008 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=178 Fraudulent availment of MODVAT credit prompted emphasis on enforcing recent Central Excise amendments (including interest and penal provisions) to prevent wrongful credit claims. Authorities are directed to take stringent deterrent action against assessees who unlawfully avail credit and to initiate proceedings against departmental officers found lax in implementing the law, establishing dual accountability to bolster compliance and safeguard the MODVAT mechanism. Circulars Central Excise Wed, 14 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=178