Permission for acceptance of Gate Passes issued by E. T. & T. D. C. Ltd., for claiming Modvat benefits - Request regarding

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..... No. 267/120/87-CX.8] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs, New Delhi Subject: Permission for acceptance of Gate Passes issued by E. T. & T. D. C. Ltd., for claiming Modvat benefits - Request regarding. M/s. Electronics Trade & Technology Development Corporation Ltd. (a public sector undertaking) have launched a Scheme ....

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....on the indigenous components received through ET&T. The matter has been examined by the Board. It has been decided that the subsidiary gate passes issued by ET&T can be accepted for purposes of allowing Modvat credit, subject to the observance of the procedure enclosed herewith. Special checks may nevertheless be conducted by the Superintendent/Inspector Incharge of ET&T godown at the end of ea....

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.... of the month for verification of the same with duplicate copies of subsidiary gate passes. 3. M/s ET&T will maintain a register in the proforma prescribed in Annexure A showing the gate pass-wise receipts of the materials and issue thereof under the composite subsidiary gate pass. This register will also be pre-authenticated by the Range staff and be available at the godown for inspection by t....