Payment instruments for Modvat credit expanded to include bank drafts and bankers' cheques, widening permitted payment modes. The Explanation to Notification No. 58/97-Central Excise is amended to substitute the phrase 'by cheque drawn on his own bank account' with 'by cheque drawn on his own bank account or by bank draft or by bankers' cheque,' thereby widening permitted payment instruments for claiming Modvat credit for the goods notified.