https://www.taxtmi.com/notifications?id=17031 The amendment substitutes clauses in rules 173Q and 209 to deem as impermissible taking credit of duty on inputs without having taken "reasonable steps" to verify that appropriate excise or countervailing duty has been paid, failing to use inputs or credits as required, misreporting receipt and disposal, contravening Section AA of Chapter V, or wilfully entering wrong particulars in gate-passes to enable impermissible credit; it defines "reasonable steps" as verification by personal knowledge, a certificate with a familiar signature, or a certificate from the Superintendent of Central Excise, and requires retention of such certificates for production on demand. en-us Mon, 22 Dec 1986 00:00:00 +0530 Wed, 22 Jul 2009 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=17031 The amendment substitutes clauses in rules 173Q and 209 to deem as impermissible taking credit of duty on inputs without having taken "reasonable steps" to verify that appropriate excise or countervailing duty has been paid, failing to use inputs or credits as required, misreporting receipt and disposal, contravening Section AA of Chapter V, or wilfully entering wrong particulars in gate-passes to enable impermissible credit; it defines "reasonable steps" as verification by personal knowledge, a certificate with a familiar signature, or a certificate from the Superintendent of Central Excise, and requires retention of such certificates for production on demand. Notifications Central Excise Mon, 22 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/notifications?id=17031