https://www.taxtmi.com/circulars?id=6865 Modvat credit is disallowed for sand moulds when those moulds are used as inputs in the casting process. However, Modvat credit is allowable on duty paid for inputs used in the manufacture of sand moulds if the sand moulds themselves are not fully exempt from Central Excise duty; the Board's prior letter is modified to this extent. en-us Mon, 05 Sep 1988 00:00:00 +0530 Wed, 08 Jul 2009 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6865 Modvat credit is disallowed for sand moulds when those moulds are used as inputs in the casting process. However, Modvat credit is allowable on duty paid for inputs used in the manufacture of sand moulds if the sand moulds themselves are not fully exempt from Central Excise duty; the Board's prior letter is modified to this extent. Circulars Central Excise Mon, 05 Sep 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6865