https://www.taxtmi.com/circulars?id=7192 The Board addressed whether Modvat credit may be claimed on foundry chemicals like sodium silicate and foundry oils used in preparing sand moulds and stated that such Modvat credit is not admissible, providing administrative guidance to field formations and assessees on the ineligibility of these consumables for input tax credit under the Modvat scheme. en-us Wed, 22 Jul 1987 00:00:00 +0530 Thu, 09 Jul 2009 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7192 The Board addressed whether Modvat credit may be claimed on foundry chemicals like sodium silicate and foundry oils used in preparing sand moulds and stated that such Modvat credit is not admissible, providing administrative guidance to field formations and assessees on the ineligibility of these consumables for input tax credit under the Modvat scheme. Circulars Central Excise Wed, 22 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7192