Modvat amendment: updated notification revises specified numerical limit in existing central excise notification affecting input tax credit eligibility. Amendment to a Modvat-related notification effected under the Central Excise Rules replaces a specified numerical figure in clause (3) of the second proviso of the cited notification, thereby changing the numerical parameter applicable to the Modvat provisions.
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Modvat amendment: updated notification revises specified numerical limit in existing central excise notification affecting input tax credit eligibility.
Amendment to a Modvat-related notification effected under the Central Excise Rules replaces a specified numerical figure in clause (3) of the second proviso of the cited notification, thereby changing the numerical parameter applicable to the Modvat provisions.
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