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of <h1>Government Amends Rule 57A to Extend Modvat Credit to All Commodities, Updates Excise and Customs Duties Provisions</h1> The Central Government, exercising its powers under rule 57A of the Central Excise Rules, 1944, has amended a previous notification to extend Modvat credit to all commodities. This amendment includes changes to the additional duties of excise under the Additional Duties of Excise (Goods of Special Importance) Act, 1957, and the Customs Tariff Act, 1975. It specifies that credit for certain additional duties can only be used for payment of excise duty under specific acts. The notification also updates the table of inputs and final products, excluding certain goods under specified headings from the Central Excise Tariff Act, 1985.
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