Modvat credit expanded to include an additional tariff entry, broadening the goods eligible for duty credit under the notification. The government amends Notification No. 177/86 by substituting the figures '30' with '30, 31' in columns (2) and (3) of the annexed Table, thereby expanding the tariff entries eligible for credit of duty under the modvat framework and adjusting the scope of goods covered by the miscellaneous exemptions and credit entitlement in the principal notification.
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Provisions expressly mentioned in the judgment/order text.
Modvat credit expanded to include an additional tariff entry, broadening the goods eligible for duty credit under the notification.
The government amends Notification No. 177/86 by substituting the figures "30" with "30, 31" in columns (2) and (3) of the annexed Table, thereby expanding the tariff entries eligible for credit of duty under the modvat framework and adjusting the scope of goods covered by the miscellaneous exemptions and credit entitlement in the principal notification.
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