Modvat credit rate substituted under Central Excise notification via amendment, increasing the applicable charge per square metre. The Central Government, exercising powers under the Central Excise Rules, substitutes the words and figures previously specified in clause (ii) of the fourth proviso of Notification No. 177/86 Central Excises with a new per square metre amount, thereby amending the rate applicable for Modvat credit in that specific clause.
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Provisions expressly mentioned in the judgment/order text.
Modvat credit rate substituted under Central Excise notification via amendment, increasing the applicable charge per square metre.
The Central Government, exercising powers under the Central Excise Rules, substitutes the words and figures previously specified in clause (ii) of the fourth proviso of Notification No. 177/86 Central Excises with a new per square metre amount, thereby amending the rate applicable for Modvat credit in that specific clause.
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