Cir. No.137/48/1995-CX, dt. 18/07/1995
- Document type
- Circular
- Reference no.
- B
- Dated
Issues relating to Modvatable Invoices
Representations have been received by the Board to the effect that -
(ii) Facility of allowing credit under sub-rule 2(A) of Rule 57G on the strength of original copy (where duplicates copy is lost) should be made available in case of invoices issued under rule 57 GG.
(iii) The words, ""if he is not the supplier" should be deleted from column 5(a)(i) for the reason that manufacturer/ unporter may be a supplier too.
(ii) It has already been clarified vide Board"s Circular No. 68/68/94-CX dated 20.9.94 that both under Rule 52A/57Gg the credit can be allowed on the strength of original invoice where the duplicate invoice is lost in transit. It is, however, clarified that while permitting the credit, the Assistant Commissioner should do the proper scrutiny and the credit be permitted only after proper verification from the originating range.
(iii) The expression "if he is not the supplier" is deleted from column 5(a)(i) of the proforma invoice. As a result of this, particulars relating to manufacturer/importer will have to be given in all cases.
Sd/-
(Mallika Arya)
Under Secretary to the Govt. of India