Circular No. 216/50/96-CX dated 4-6-1996

Subject: Cash recovery of money credit -

It has been brought to the notice of the Board that the field formations are initiating proceedings for recovery of money credit availed of by Vanaspati Manufacturers under the Notification No. 45/89-CE(NT) dated 11.10.1989 on the ground that the provisions of Section II D of the Central Excises And Salt Act, 1944 are applicable to such cases.

2. I am directed to say that as the issue is presently under the examination of the Board, you are requested to direct all Commissioners of Central Excise under your jurisdiction not to take precipitative action to enforce such demands pending decision of the Board.

Sd/-
(Mallika Arya)
Under Secretary to the Government of India

(Pl. refer cir. No. 651/42/2002-CX, Dt. 07/08/2002 for Cash recovery of money credit scheme)

F. No. 267/72/96-CX-8

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