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of <h1>Government Rescinds Modvat Notifications Under Rule 57G, Effective September 1, 1996, to Modify Central Excise Regulations.</h1> The Central Government, exercising its authority under Rule 57G of the Central Excise Rules, 1944, has decided to rescind certain notifications related to Modvat. Effective from September 1, 1996, the rescinded notifications include No. 32/94-Central Excises (N.T.) dated July 4, 1994, No. 37/95-Central Excises (N.T.) dated December 21, 1995, and No. 3/96-Central Excises (N.T.) dated February 13, 1996. This action is taken by the Ministry of Finance, Department of Revenue, to modify the existing regulations under the Central Excise framework.
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