https://www.taxtmi.com/circulars?id=351 The circular prescribes a new RT-12 return and clarifies that while duty for fortnightly (or monthly for SSI) clearances may be paid by specified due dates, CENVAT credit utilisation for discharging that duty is restricted to the credit balance as on fixed cutoffs (15th day for the first fortnight; last day of month for the second fortnight), excluding credits accrued after those cutoffs. Assessees must submit detailed monthly credit statements segregated by fortnight, PLA extracts and supporting calculations to enable reconciliation and prevent inadmissible credit use. en-us Fri, 25 Aug 2000 00:00:00 +0530 Tue, 23 Sep 2008 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=351 The circular prescribes a new RT-12 return and clarifies that while duty for fortnightly (or monthly for SSI) clearances may be paid by specified due dates, CENVAT credit utilisation for discharging that duty is restricted to the credit balance as on fixed cutoffs (15th day for the first fortnight; last day of month for the second fortnight), excluding credits accrued after those cutoffs. Assessees must submit detailed monthly credit statements segregated by fortnight, PLA extracts and supporting calculations to enable reconciliation and prevent inadmissible credit use. Circulars Central Excise Fri, 25 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=351