https://www.taxtmi.com/caselaws?id=53758 For Central Excise duty payment, cheque-based payment was treated as made on the date the cheque was presented in the bank, provided the cheque was subsequently realised and not dishonoured. Relying on the Board circular on the date of payment for Central Excise Duty and Service Tax, the tribunal held that PLA credit taken on the presentation date was not invalid merely because the amount reached the Government account on the following day, and the assessee's position was upheld. en-us Tue, 13 Jul 2004 00:00:00 +0530 Fri, 15 Oct 2010 10:58:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53758 For Central Excise duty payment, cheque-based payment was treated as made on the date the cheque was presented in the bank, provided the cheque was subsequently realised and not dishonoured. Relying on the Board circular on the date of payment for Central Excise Duty and Service Tax, the tribunal held that PLA credit taken on the presentation date was not invalid merely because the amount reached the Government account on the following day, and the assessee's position was upheld. Case-Laws Central Excise Tue, 13 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53758