Notification No. 217/86-C.E., dated 2-4-1986 as amended by Notification No. 97/89-C.E., dated 1-3-1989 providing for clearance of goods from one plant to another of the same manufacturer without payment of duty under Chapter X procedure - Amendment regarding https://www.taxtmi.com/circulars?id=6484 The Board confirms that Modvat/input credit is not available where intermediate products are exempted and cleared under Chapter X; alternatively, manufacturers may forego the Chapter X exemption, pay duty on intermediates at clearance and utilise Modvat/input credit for that duty, allowing credit without following the Chapter X procedure, and no amendment to Notification No. 97/89-C.E. is required. en-us Mon, 16 Jul 1990 00:00:00 +0530 Fri, 03 Jul 2009 18:10:00 +0530 TaxTMI RSS Generator Notification No. 217/86-C.E., dated 2-4-1986 as amended by Notification No. 97/89-C.E., dated 1-3-1989 providing for clearance of goods from one plant to another of the same manufacturer without payment of duty under Chapter X procedure - Amendment regarding https://www.taxtmi.com/circulars?id=6484 The Board confirms that Modvat/input credit is not available where intermediate products are exempted and cleared under Chapter X; alternatively, manufacturers may forego the Chapter X exemption, pay duty on intermediates at clearance and utilise Modvat/input credit for that duty, allowing credit without following the Chapter X procedure, and no amendment to Notification No. 97/89-C.E. is required. Circulars Central Excise Mon, 16 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6484