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Central Excise - Highlights / Catch Notes

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MODVAT credit - supplier of inputs had not discharged full duty ...

Central Excise

August 29, 2013

MODVAT credit - supplier of inputs had not discharged full duty liability for the period covered by the invoices - The proviso postulates and requires “reasonable care” and not verification from the department whether the duty stands paid by the manufacturer-seller - credit allowed - SC

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