Fraudulent availment of Modvat credit - Preventive measures - Regarding

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..... xcise Customs, New Delhi Subject : Fraudulent availment of Modvat credit - Preventive measures - Regarding. Instances have been brought to the notice of the Board where Modvat credit taken on inputs by the assessee was not reversed even after writing off of the materials on which the credit was taken. Cases have also been noticed where the credit had not been adjusted even though the wr .....

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