Cash recovery of money credit scheme- Applicability of Section 11D of the Central Excise Act, 1944- regarding.

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..../50/96-CX dated 4.6.96 regarding applicability of Section 11D of Central Excise Act,1944 to the cases in which money credit has been availed and utilised for the payment of duty on finished excisable products. It was directed not to take precipitative action to enforce demands as the matter was under examination by Board. 2. The matter has been examined. Board is of the view that Section 11D of C....