Modvat scheme effective date deferred, postponing commencement for small scale industry eligibility to claim credits. The Central Government, under powers in the Central Excise Rules, amends paragraph 2 of Notification No. 190/87-C.E. to substitute the previously notified commencement date for the Modvat scheme for small scale industries with a later commencement date, thereby deferring the date from which eligible SSI units may claim Modvat credits under that notification.
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 scheme effective date deferred, postponing commencement for small scale industry eligibility to claim credits.
The Central Government, under powers in the Central Excise Rules, amends paragraph 2 of Notification No. 190/87-C.E. to substitute the previously notified commencement date for the Modvat scheme for small scale industries with a later commencement date, thereby deferring the date from which eligible SSI units may claim Modvat credits under that notification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
