Maintenance of separate data (a) Modvat credit taken and utilised out of countervailing duty paid on imports against Bills of Entry, and (b) Modvat credit taken and utilised against Central Excise Gate Passes

Maintenance of separate data (a) Modvat credit taken and utilised out of countervailing duty paid on imports against Bills of Entry, and (b) Modvat credit taken and utilised against Central Excise Gate Passes https://www.taxtmi.com/circulars?id=7208 The Board directs preparation of a month-end abstract on RG-23A Part II that separately records MODVAT credits taken as countervailing duty (based on Bills of Entry) and as Central Excise duty (based on gate passes); officers must be notified and compliance ensured from the effective date, with acknowledgement of receipt. en-us Fri, 28 Nov 1986 00:00:00 +0530 Thu, 09 Jul 2009 15:52:00 +0530 TaxTMI RSS Generator Maintenance of separate data (a) Modvat credit taken and utilised out of countervailing duty paid on imports against Bills of Entry, and (b) Modvat credit taken and utilised against Central Excise Gate Passes https://www.taxtmi.com/circulars?id=7208 The Board directs preparation of a month-end abstract on RG-23A Part II that separately records MODVAT credits taken as countervailing duty (based on Bills of Entry) and as Central Excise duty (based on gate passes); officers must be notified and compliance ensured from the effective date, with acknowledgement of receipt. Circulars Central Excise Fri, 28 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7208