Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Modvat Credit where invoices are not pre printed for specified period

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ted for specified period Representations have been received from the Trade that the Modvat Credit is being denied on rule 57G invoice wherein the said invoices have not been pre-printed as original, duplicate, triplicate and quadruplicate in terms of Board's Circular No. 96/7/95-CX dated 13.02.1995. It has been further represented that the Central Excise authorities are denying the Modvat cred .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ped instead of being pre-printed as original, duplicate, triplicate and quadruplicate; after verifying the duty paid character of the goods as stipulated under rule 57H of Central Excise Rules, 1944. To prevent the credit being taken twice on the strength or duplicate and also on original copy of the invoice, it should be ensured that both copies of invoices are presented for defacing. Sd/- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates