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    <title>Admissibility of Modvat credit on inputs used in manufacture of moulds - Reg.</title>
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    <description>A Tribunal larger bench held sand moulds are not marketable/excisable and that chemicals and resins used to make them are used in relation to manufacture of dutiable castings; in light of this, and divergent practice among Commissionerates, the Board has withdrawn Circular No. 29/88 and directed that pending disputes on eligibility of Modvat credit be considered in accordance with the Tribunal decision.</description>
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    <pubDate>Mon, 10 Feb 1997 00:00:00 +0530</pubDate>
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      <title>Admissibility of Modvat credit on inputs used in manufacture of moulds - Reg.</title>
      <link>https://www.taxtmi.com/circulars?id=5713</link>
      <description>A Tribunal larger bench held sand moulds are not marketable/excisable and that chemicals and resins used to make them are used in relation to manufacture of dutiable castings; in light of this, and divergent practice among Commissionerates, the Board has withdrawn Circular No. 29/88 and directed that pending disputes on eligibility of Modvat credit be considered in accordance with the Tribunal decision.</description>
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      <pubDate>Mon, 10 Feb 1997 00:00:00 +0530</pubDate>
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