https://www.taxtmi.com/circulars?id=6471 Procedure for granting refunds where MODVAT credit has been availed requires inter-departmental verification and timely communication to effect adjustment of credit under Rule 57E. Shifting the onus of furnishing reversal certificates to manufacturers was rejected as unfeasible because it would undermine verification and risk fraud. The Board directs Collectors of Central Excise to ensure that officers transmit required refund particulars and adjustment/recovery information to one another within one week to avoid delay in sanctioning refund claims. en-us Mon, 20 Aug 1990 00:00:00 +0530 Fri, 03 Jul 2009 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6471 Procedure for granting refunds where MODVAT credit has been availed requires inter-departmental verification and timely communication to effect adjustment of credit under Rule 57E. Shifting the onus of furnishing reversal certificates to manufacturers was rejected as unfeasible because it would undermine verification and risk fraud. The Board directs Collectors of Central Excise to ensure that officers transmit required refund particulars and adjustment/recovery information to one another within one week to avoid delay in sanctioning refund claims. Circulars Central Excise Mon, 20 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6471