Maintenance of single RG 23A Part II - Permission regarding

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on is invited to Board's instructions issued vide F.No. B.21/4/87-TRU, dated 20-4-1987 permitting manufacturers to maintain a consolidated RG23A Part II Register chapter wise. It may be obsersved that this facility was permitted to the assessees so as to facilitate utilisation of Modvat credit without indicating the details of input credit separately for each final product in RG 23A Part II durin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed to maintain a single RG 23A Part II for both the inputs and allowed to utilise credit of duty paid on both the Copper and Aluminium wire rods for paying duty on any of the winding wires without insisting on submission of statement indicating each final product wise input credit taken and utilised. This resulted in availment of excess credit earned on aluminium inputs for payment of duty on copp .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... esaid purpose, Board has prescribed the attached proforma for the sake of uniformity in implementation of these instructions by all the Collectorates. This may be followed rigidly. Steps may also be taken for recovering wrong credits if already allowed. Trade & field formation may be informed suitably. Receipt of this letter may please be acknowledged. Statement to be submitted by the assessee .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X