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<h1>Modvat Credit Allowed for EOUs and EPZs Using Gate Passes from 1994-1996 per Rule 57H(4.</h1> The circular addresses issues related to the availment of credit based on gate passes and invoices issued by 100% Export Oriented Units (EOU) and Export Processing Zones (EPZ) from April 1, 1994, to February 12, 1996. Initially, these documents were not recognized for Modvat credit purposes. To resolve these transitional difficulties, the Board has prescribed these documents under Rule 57H(4) as valid for credit allowance. This decision allows manufacturers to regularize credit claims with the approval of Assistant Commissioners of Central Excise, provided they meet other necessary conditions. Trade and field officers are advised accordingly.