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    <title>Modvat credit - On paper and paperboard</title>
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    <description>The amendment restricts the credit of excise duty and special excise duty on inputs of paper and paperboard used in the manufacture of final products in India to the lesser of actual duty paid or a prescribed per tonne ceiling, while excluding specified tariff categories and paper produced in free trade zones or by one hundred percent export oriented undertakings from that restriction.</description>
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      <description>The amendment restricts the credit of excise duty and special excise duty on inputs of paper and paperboard used in the manufacture of final products in India to the lesser of actual duty paid or a prescribed per tonne ceiling, while excluding specified tariff categories and paper produced in free trade zones or by one hundred percent export oriented undertakings from that restriction.</description>
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