https://www.taxtmi.com/circulars?id=6449 Modvat credit on disputed inputs may be retained without issuance of repeated show cause notices if the assessee gives an undertaking that the credit will be recorded only in RG 23A Part I and not utilised until final settlement; the assessee may pay duty to the extent of the disputed credit from the Personal Ledger Account under protest and later adjust the credit once the dispute is resolved, with an expectation that disputes be settled expeditiously. en-us Thu, 14 Feb 1991 00:00:00 +0530 Fri, 03 Jul 2009 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6449 Modvat credit on disputed inputs may be retained without issuance of repeated show cause notices if the assessee gives an undertaking that the credit will be recorded only in RG 23A Part I and not utilised until final settlement; the assessee may pay duty to the extent of the disputed credit from the Personal Ledger Account under protest and later adjust the credit once the dispute is resolved, with an expectation that disputes be settled expeditiously. Circulars Central Excise Thu, 14 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6449