https://www.taxtmi.com/circulars?id=295 A special procedure requires stockyards/depots of Integrated Steel Plants to maintain plant wise, tariff head wise Special Registers in addition to Form RG 23D, use a wagon/vehicle close indicator to determine annual net excesses or shortages as of March 31, and submit reconciliations to the jurisdictional Deputy/Assistant Commissioner. Eligibility requires a letter of undertaking; net excesses trigger suo moto duty payment by the plant by the prescribed date, while net shortages do not attract refunds and are carried forward for adjustment against future excesses. Buyers receive no additional modvat credit for differential duty paid on reconciliation. en-us Thu, 23 Sep 1999 00:00:00 +0530 Tue, 23 Sep 2008 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=295 A special procedure requires stockyards/depots of Integrated Steel Plants to maintain plant wise, tariff head wise Special Registers in addition to Form RG 23D, use a wagon/vehicle close indicator to determine annual net excesses or shortages as of March 31, and submit reconciliations to the jurisdictional Deputy/Assistant Commissioner. Eligibility requires a letter of undertaking; net excesses trigger suo moto duty payment by the plant by the prescribed date, while net shortages do not attract refunds and are carried forward for adjustment against future excesses. Buyers receive no additional modvat credit for differential duty paid on reconciliation. Circulars Central Excise Thu, 23 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=295