https://www.taxtmi.com/circulars?id=239 The Board directs that Modvat Credit shall not be denied on lubricating base oils used in the manufacture of lubricating oils and greases for the period 01.03.1997 to 31.08.1997, noting that although rule 57B initially excluded these goods, rule 57Q permitted credit when they were inputs for further manufacture and clause (v) of rule 57B(2) was subsequently deleted by Notification No.46/97 CE(NT) dated 01.09.1997. en-us Tue, 03 Nov 1998 00:00:00 +0530 Mon, 22 Sep 2008 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=239 The Board directs that Modvat Credit shall not be denied on lubricating base oils used in the manufacture of lubricating oils and greases for the period 01.03.1997 to 31.08.1997, noting that although rule 57B initially excluded these goods, rule 57Q permitted credit when they were inputs for further manufacture and clause (v) of rule 57B(2) was subsequently deleted by Notification No.46/97 CE(NT) dated 01.09.1997. Circulars Central Excise Tue, 03 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=239