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    <title>Credit of special excise duty paid on inputs under the MODVAT scheme</title>
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    <description>Credit of special excise duty paid on inputs under the MODVAT scheme is clarified by substituting clause (ii) to expressly include the special duty of excise specified in the Finance Bill, which, by declaration under the Provisional Collection of Taxes Act, has the force of law and thus falls within the duties eligible for input credit.</description>
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      <description>Credit of special excise duty paid on inputs under the MODVAT scheme is clarified by substituting clause (ii) to expressly include the special duty of excise specified in the Finance Bill, which, by declaration under the Provisional Collection of Taxes Act, has the force of law and thus falls within the duties eligible for input credit.</description>
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