Treatment of Credit balance at the Year-end- regarding.

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....rs of excisable goods which would provide possibility of availing unintended double benefit both under Central Excise and Income Tax law. 2. It has been brought to the notice of the Board that in certain commodities, where there is accumulated CENVAT credit either due to inverted duty structure i.e. less duty on finished products and more duty on inputs/ raw materials, or due to other reasons, su....