https://www.taxtmi.com/circulars?id=6206 The Board requires that RT 12 return assessments be conducted expeditiously and only after verification of duty paying documents for capital goods, reconciliation of accumulated Modvat credit, verification of production using those capital goods, calculation of duty attributable to such production and set off of that duty against accumulated Modvat credit, with initial evaluation and statistical reports on Modvat credit on capital goods submitted within a fortnight and monthly thereafter. en-us Tue, 20 Sep 1994 00:00:00 +0530 Tue, 30 Jun 2009 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6206 The Board requires that RT 12 return assessments be conducted expeditiously and only after verification of duty paying documents for capital goods, reconciliation of accumulated Modvat credit, verification of production using those capital goods, calculation of duty attributable to such production and set off of that duty against accumulated Modvat credit, with initial evaluation and statistical reports on Modvat credit on capital goods submitted within a fortnight and monthly thereafter. Circulars Central Excise Tue, 20 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6206