https://www.taxtmi.com/circulars?id=7177 When Modvat credit is wrongly availed, the officer should issue a reasoned demand letter requiring the assessee to pay or debit the wrongly taken credit within seven days; a show cause notice is to be issued only if the assessee fails to reverse the credit within that period or is unwilling to comply. en-us Tue, 08 Sep 1987 00:00:00 +0530 Thu, 09 Jul 2009 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7177 When Modvat credit is wrongly availed, the officer should issue a reasoned demand letter requiring the assessee to pay or debit the wrongly taken credit within seven days; a show cause notice is to be issued only if the assessee fails to reverse the credit within that period or is unwilling to comply. Circulars Central Excise Tue, 08 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7177