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Credit of duty under Rule 16 of Central Excise Rules, 2002 on goods brought into the factory-reg.

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....vides that "the duty of excise shall be deemed to have been paid for the purposes of these rules on the excisable goods removed in the manner provided under sub rule(1) and the credit of such duty is allowed, as provided by or under any rule". This provision explains that the invoice of the returned goods, would be a valid document for availing credit and duty is deemed to have been discharged. Re....