Modvat credit on specially denatured ethyl alcohol limited to ethyl alcohol content; denaturant excluded only. Modvat credit for inputs of specially denatured ethyl alcohol is confined to the ethyl alcohol component; the denaturant portion is excluded from credit. The Board concluded that, because the Notification refers to ethyl alcohol, the input credit facility should be limited to the ethyl alcohol content only.
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Provisions expressly mentioned in the judgment/order text.
Modvat credit on specially denatured ethyl alcohol limited to ethyl alcohol content; denaturant excluded only.
Modvat credit for inputs of specially denatured ethyl alcohol is confined to the ethyl alcohol component; the denaturant portion is excluded from credit. The Board concluded that, because the Notification refers to ethyl alcohol, the input credit facility should be limited to the ethyl alcohol content only.
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