https://www.taxtmi.com/notifications?id=730 Amendments condition full-exemption availability on first utilising all CENVAT credit at month-end toward duty and paying the cash balance. Where some goods are non-exempt, refunds are limited to duty paid less attributable CENVAT credit. Manufacturers may opt to credit duty paid (other than by CENVAT) into an account current for later deemed-cash payment, subject to written annual election, monthly crediting and statement submission, officer verification and determination of refundable amounts, reversal of excess credits, forfeiture on non-compliance, and recovery treatment for irregular or excess credits. en-us Wed, 06 Aug 2003 00:00:00 +0530 Sat, 18 Oct 2008 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=730 Amendments condition full-exemption availability on first utilising all CENVAT credit at month-end toward duty and paying the cash balance. Where some goods are non-exempt, refunds are limited to duty paid less attributable CENVAT credit. Manufacturers may opt to credit duty paid (other than by CENVAT) into an account current for later deemed-cash payment, subject to written annual election, monthly crediting and statement submission, officer verification and determination of refundable amounts, reversal of excess credits, forfeiture on non-compliance, and recovery treatment for irregular or excess credits. Notifications Central Excise Wed, 06 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/notifications?id=730