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    <title>Modvat on capital goods - Amendment to Rule 57S</title>
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    <description>The amendment inserts a sub-rule allowing removal of moulds and dies to a job-worker without payment of duty, subject to the Commissioner&#039;s permission and any terms and conditions he imposes, for production according to the manufacturer&#039;s specifications. It requires return of the manufactured goods and the moulds and dies to the supplying manufacturer&#039;s factory within three months or such extended period as permitted by the Commissioner; failure to return within the period triggers payment of duty equivalent to the credit taken on those moulds and dies.</description>
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      <title>Modvat on capital goods - Amendment to Rule 57S</title>
      <link>https://www.taxtmi.com/notifications?id=15110</link>
      <description>The amendment inserts a sub-rule allowing removal of moulds and dies to a job-worker without payment of duty, subject to the Commissioner&#039;s permission and any terms and conditions he imposes, for production according to the manufacturer&#039;s specifications. It requires return of the manufactured goods and the moulds and dies to the supplying manufacturer&#039;s factory within three months or such extended period as permitted by the Commissioner; failure to return within the period triggers payment of duty equivalent to the credit taken on those moulds and dies.</description>
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      <pubDate>Fri, 21 Jul 1995 00:00:00 +0530</pubDate>
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