https://www.taxtmi.com/circulars?id=6296 Manufacturers may claim input Modvat credit generally, but credit on inputs used in exempted products must be debited in the RG-23A register before removal of those exempted goods; failure to reverse such credit has resulted in irregular availment, and field formations are instructed to enforce the earlier circular's reversal procedure to prevent revenue loss. en-us Wed, 26 May 1993 00:00:00 +0530 Wed, 01 Jul 2009 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6296 Manufacturers may claim input Modvat credit generally, but credit on inputs used in exempted products must be debited in the RG-23A register before removal of those exempted goods; failure to reverse such credit has resulted in irregular availment, and field formations are instructed to enforce the earlier circular's reversal procedure to prevent revenue loss. Circulars Central Excise Wed, 26 May 1993 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6296