Modvat scheme - Maintenance of RG 23A accounts - regarding

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..... ing The undersigned is directed to invite a reference to Ministry's letter F. No. B. 22/8/86-TRU (Pt.), dated the 21st May, wherein it was prescribed that whereas RG 23A, Part I register be maintained in a consolidated manner, the RG 23A Part II register should be maintained separately for each of the final products. 2. In the context of these instructions, various representations have been r .....

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..... there is no misuse of the Modvat credit, the manufacturers would be required to submit a monthly statement along with the RT 12 separately for each final product, the details of input duty availed of. 4. Collectors may bring these instructions to the notice of the Trade and in case there are any doubts, difficulties, same may be brought to the notice of the Board promptly. 5. Receipt of this .....

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