Representations have been received from the Trade and various Chambers of Commerce that invoice issues under rule 57G against Gate - passes are not being recognised as duty paying document for availing credit.

2.     It has been reported that Notification No. 15/94-CE (NT) dated 30.3.94 prescribed the invoice issued by -

(i)       a manufacturer from his factory or depot; or

(ii)      Wholesale distributor/ dealer of a manufacturer who has bought the excisable goods either from the manufacturer at the           factory or from the manufacturer's depot; or

(iii)      an importer from his godown containing the rate of amount of duty and details of Sl. No. and date of and quantity of inputs           mentioned in the invoice issued under rule 52A/ Bill of Entry, as a document for availment of credit.

3.     The aforesaid notification however did not cover the situations where inputs where lying in stock as on 31.3.94 or said inputs were in transit on which duty was paid under Gate passes issued prior to 1st April, 1994 and 11th May, 1994. This was though rectified by Notification No. 21/94-CE (NT) which prescribed the invoice issued against the gate passes as a document for the purpose of rule 57G, but credit has been denied for the period 1.4.94 to 11.5.94.