Modvat credit clarification: substitution of notification text to define eligible additional and special excise duties for credit. Amendments substitute wording in Notifications No. 24/94-CE(N.T.) and No. 21/99-CE(N.T.) to clarify which additional and special excise duties are eligible for Modvat credit, aligning cross-references and treating specified additional duties as equivalent for credit purposes, pursuant to rule 57A and enabling clauses of the Finance Bill given force under the Provisional Collection of Taxes Act.
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Provisions expressly mentioned in the judgment/order text.
Modvat credit clarification: substitution of notification text to define eligible additional and special excise duties for credit.
Amendments substitute wording in Notifications No. 24/94-CE(N.T.) and No. 21/99-CE(N.T.) to clarify which additional and special excise duties are eligible for Modvat credit, aligning cross-references and treating specified additional duties as equivalent for credit purposes, pursuant to rule 57A and enabling clauses of the Finance Bill given force under the Provisional Collection of Taxes Act.
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