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    <title>Draft Rule for issue of Credit Transfer Document to be inserted in the CENVAT Credit Rules, 2004 for transfer of cenvat credit paid on specified goods available with a trader as on appointed date</title>
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    <description>Creates a transitional mechanism allowing manufacturers to issue a Credit Transfer Document (CTD) to dealers registered under CGST to evidence central excise duty paid on high value, identifiable goods cleared before the CGST appointed date, subject to conditions including value and identifiability, verifiable clearance and duty records, issuance within thirty days, enclosure of corresponding invoices, and maintenance and submission of prescribed TRANS 3/3A/3B records; imposes dealer invoicing obligations, prohibits double transitional claims, and makes manufacturers jointly liable for duplicate credit with recovery provisions under CENVAT Credit Rules applying mutatis mutandis.</description>
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    <pubDate>Wed, 07 Jun 2017 10:16:22 +0530</pubDate>
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      <description>Creates a transitional mechanism allowing manufacturers to issue a Credit Transfer Document (CTD) to dealers registered under CGST to evidence central excise duty paid on high value, identifiable goods cleared before the CGST appointed date, subject to conditions including value and identifiability, verifiable clearance and duty records, issuance within thirty days, enclosure of corresponding invoices, and maintenance and submission of prescribed TRANS 3/3A/3B records; imposes dealer invoicing obligations, prohibits double transitional claims, and makes manufacturers jointly liable for duplicate credit with recovery provisions under CENVAT Credit Rules applying mutatis mutandis.</description>
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