https://www.taxtmi.com/circulars?id=7141 Amendments clarify Modvat credit: Rule 56A now bars simultaneous credit under Rules 56A and 57A for the same inputs but allows proforma credit for non Modvat inputs; Rule 57E permits adjustment whenever input duty varies; Rule 57G requires prescribed duty paying documents before credit though inputs may be used with RG 23A entry pending documents; Rule 57H allows transitional credit for inputs in stock at acknowledgement or received after declaration filing but excludes inputs used for exempt goods. en-us Wed, 15 Apr 1987 00:00:00 +0530 Thu, 09 Jul 2009 13:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7141 Amendments clarify Modvat credit: Rule 56A now bars simultaneous credit under Rules 56A and 57A for the same inputs but allows proforma credit for non Modvat inputs; Rule 57E permits adjustment whenever input duty varies; Rule 57G requires prescribed duty paying documents before credit though inputs may be used with RG 23A entry pending documents; Rule 57H allows transitional credit for inputs in stock at acknowledgement or received after declaration filing but excludes inputs used for exempt goods. Circulars Central Excise Wed, 15 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7141