Rescission of excise notification in public interest under Central Excise Rules resulting in withdrawal of the earlier Modvat notice. The Central Government, invoking the rule empowering it to act in the public interest under the Central Excise Rules, formally rescinds Notification Number 24/94-Central Excise (N.T.) dated 20th May, 1994 by issuing Notification Number 12/2000-CE(N.T.) dated 1st March, 2000, thereby withdrawing the earlier non-tariff Modvat notification from the statutory framework.
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Rescission of excise notification in public interest under Central Excise Rules resulting in withdrawal of the earlier Modvat notice.
The Central Government, invoking the rule empowering it to act in the public interest under the Central Excise Rules, formally rescinds Notification Number 24/94-Central Excise (N.T.) dated 20th May, 1994 by issuing Notification Number 12/2000-CE(N.T.) dated 1st March, 2000, thereby withdrawing the earlier non-tariff Modvat notification from the statutory framework.
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