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TMI BlogPermission for acceptance of Gate Passes issued by E. T. & T. D. C. Ltd., for claiming Modvat benefits - Request regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 called "Material, Technology & Brand name" (MTB) unde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 each month to ensure proper verification of original GPI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 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 the Central Excise officers at all reasonable times. ANNEXURE A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... S.No. G.P. 1 No. and date under which recd. Name address of manufacturer of goods received. Description of goods Quantity removed Assessable value of goods removed Rate of excise duty Total excise duty 1 2 3 4 5 6 7 8 Certified that: 1. The particulars given above are correct. 2. Note of this certificate has been made on gate pass Nos. mentioned in Col. No. 2 Signatur ..... X X X X Extracts X X X X X X X X Extracts X X X X
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