https://www.taxtmi.com/forum/issue?id=106935 Voluntary payment during audit of duty, interest and a prescribed monthly penalty, with written intimation to the officer, prevents service of a show cause notice and renders proceedings concluded for the amount paid; if short paid the officer may recover the deficit with the one year limitation from receipt of the intimation. After such payment the supplier may issue a supplementary invoice to pass CENVAT credit, subject to prohibition where non payment arose from fraud or similar grounds under the CENVAT Credit Rules. en-us Fri, 20 Jun 2014 15:53:34 +0530 Thu, 23 Jan 2025 15:57:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106935 Voluntary payment during audit of duty, interest and a prescribed monthly penalty, with written intimation to the officer, prevents service of a show cause notice and renders proceedings concluded for the amount paid; if short paid the officer may recover the deficit with the one year limitation from receipt of the intimation. After such payment the supplier may issue a supplementary invoice to pass CENVAT credit, subject to prohibition where non payment arose from fraud or similar grounds under the CENVAT Credit Rules. Discussion-Forum Central Excise Fri, 20 Jun 2014 15:53:34 +0530 https://www.taxtmi.com/forum/issue?id=106935