Central Excise - Modvat - Payment of excise duty on Finished products through P.L.A. Account only - Question regarding

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....f Revenue) New Delhi Subject : Central Excise - Modvat - Payment of excise duty on Finished products through P.L.A. Account only - Question regarding. I am directed to state that doubts have been raised as to whether for purposes of discharging excise duty liability of finished product covered by the Modvat scheme, an assessee has to pay the same out of his PLA account only, or he could also ut....

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....ntext of the notification No. 201/79-C.E., dated 4-6-1979, that it was immaterial whether duty on inputs was paid through RG 23 or P.L.A. and in both the cases it is to be taken that duty on inputs has been paid and credit of such duty would be available under notification No. 201/79-C.E. 3. In the Modvat Scheme, rule 57A provides for allowing credit of any duty of excise or CVD paid on the input....