Endorsement of certificates issued by M.M.T.C./S.T.C. to buyers etc. for purposes of duty paying documents

Endorsement of certificates issued by M.M.T.C./S.T.C. to buyers etc. for purposes of duty paying documents - Instructions regarding https://www.taxtmi.com/circulars?id=7043 Modvat credit is not permissible on endorsed certificates; the original certificate issued by canalising/public sector agencies is a duty paying document and endorsements do not confer entitlement to Modvat. The practice of endorsing certificates for the purpose of claiming Modvat must be stopped, and past credits taken on endorsed certificates should be verified for authenticity with demands raised where discrepancies are found. en-us Fri, 19 Feb 1988 00:00:00 +0530 Thu, 09 Jul 2009 11:49:00 +0530 TaxTMI RSS Generator Endorsement of certificates issued by M.M.T.C./S.T.C. to buyers etc. for purposes of duty paying documents - Instructions regarding https://www.taxtmi.com/circulars?id=7043 Modvat credit is not permissible on endorsed certificates; the original certificate issued by canalising/public sector agencies is a duty paying document and endorsements do not confer entitlement to Modvat. The practice of endorsing certificates for the purpose of claiming Modvat must be stopped, and past credits taken on endorsed certificates should be verified for authenticity with demands raised where discrepancies are found. Circulars Central Excise Fri, 19 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7043