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of <h1>Government Amends Rule 57A to Expand MODVAT Scheme, Effective March 1987, Covering New Items in Excise Tariff Act.</h1> The Central Government, exercising its authority under rule 57A of the Central Excise Rules, 1944, has amended a previous notification from March 1, 1986. This amendment, effective March 1, 1987, extends the MODVAT scheme to include various new items. The updated notification replaces the existing table with a new one, listing goods under specific headings from Chapters 2 to 96 of the Central Excise Tariff Act, 1985, excluding those under Heading Nos. 36.05 or 37.06. This change broadens the range of inputs and final products eligible for MODVAT benefits.
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