Modvat extension expands eligible units to include export oriented undertakings and software technology parks and revises classifications. Amendment to the Central Excise notification substitutes eligibility terminology to include Export Oriented Undertaking and Software Technology Parks in place of earlier wording and updates the first proviso similarly. It replaces the existing product-input table with a new table specifying final products and corresponding chapter or heading numbers for inputs, covering specified tobacco products and certain cotton and man-made fibre fabrics to identify eligible inputs for the Modvat extension.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Modvat extension expands eligible units to include export oriented undertakings and software technology parks and revises classifications.
Amendment to the Central Excise notification substitutes eligibility terminology to include Export Oriented Undertaking and Software Technology Parks in place of earlier wording and updates the first proviso similarly. It replaces the existing product-input table with a new table specifying final products and corresponding chapter or heading numbers for inputs, covering specified tobacco products and certain cotton and man-made fibre fabrics to identify eligible inputs for the Modvat extension.
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