Admissibility of Modvat credit on the strength of a gate pass which does not show the amount of duty paid - Instructions - Regarding - Central Excise - 19/89

Admissibility of Modvat credit on the strength of a gate pass which does not show the amount of duty paid - Instructions - Regarding Circular No. 19/89 Dated 1-6-1989 [From F. No. 267/68/88-CX.8] Government of India Ministry of Finance (Department of Revenue) New Delhi Central Board of Excise and Custom, Subject : Admissibility of Modvat credit on the strength of a gate pass which does not show the amount of duty paid - Instructions - Regarding It has been brought to the notice of the Board that difficulties are being faced in allowing credit of duty paid by an assessee in terms of Board's letter cited above as some Collectorates are exempting certain manufacturers under Rule 173G(2) (ii), from mentioning both the rate of duty and the amount of duty paid on the GP-1 The matter has been examined by the Board. It has been decided that under Rule 173G(2) (ii) any relaxation should be restricted to the extent of not mentioning either the rate of duty or the amount of duty. In any case, no assessee should be given the relaxation of mentioning neither the rate of duty nor the amount of duty on the GP-1. Such restriction in granting relaxation in terms of R. 173G(2) (ii) would obviate the problem of allowing Modvat credit of the kind referred to in para 1 above. This disposes of the Collector of Central Excise, Bombay-II letter F. No.V(30)/2/Gen (AA)/T/88, dated 7th June, 1988. The above instructions may be brought to the notice of the field formations. Receipt of this letter may please be acknowledged.