https://www.taxtmi.com/circulars?id=6888 Modvat credit is inadmissible on release paper used in manufacturing PVC coated fabrics because the paper, coated with plastisol, transfers plastisol to the fabric during lamination and fusion, functioning as a carrier/conveyor and being reusable; thus it is treated as an integral input to the coating process rather than an expendable ancillary, and credit shall not be allowed. en-us Fri, 15 Jul 1988 00:00:00 +0530 Wed, 08 Jul 2009 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6888 Modvat credit is inadmissible on release paper used in manufacturing PVC coated fabrics because the paper, coated with plastisol, transfers plastisol to the fabric during lamination and fusion, functioning as a carrier/conveyor and being reusable; thus it is treated as an integral input to the coating process rather than an expendable ancillary, and credit shall not be allowed. Circulars Central Excise Fri, 15 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6888