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of <h1>Central Government amends Excise Notification 351/86; updates headings for Modvat credit inputs under Rule 57J, Central Excise Rules.</h1> The Central Government, exercising its powers under rule 57J of the Central Excise Rules, 1944, has amended Notification No. 351/86-Central Excises dated June 20, 1986. The amendments involve changes to the table in the notification, specifically updating the headings and sub-headings in columns (2), (3), and (4). The headings and sub-headings now include 51.01, 51.02, 52.01, and 52.02, in addition to the existing 53.04. These changes pertain to the Modvat credit for inputs used in specified intermediate products under the Central Excise (Non Tariff) regulations.
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