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Reversal of Modvat credit and payment of interest where exports were effcted under Value Based Advance Licence before 31.1.97.under Special Scheme - Regarding

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....nbsp;                                   Dated 10/1/97  F.No.209/48/96-CX.6 Government of India Ministry of Finance Department of Revenue, New Delhi    Subject : Reversal of Modvat credit and payment of interest where exports were effcted under Value Based Advance Licence before 31.1.97.under Special Scheme - Regarding I am directed to enclose the text of the scheme announced by the Government to allow reversal of the Modvat credit availed by exporters in contravention of the conditions of the Value Based Advance Licensing Scheme which has alre....

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.... Office of the Jurisdictional Assistant Commissioner who will examine the correctness and intimate the same to the Commissioner in the following format :- Name & address            Sl.No. & date of                                Description of commodity of the exporters                AR4/.AR4A        (1)                    &n....

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....                      A. Amount                                                                                           B. Particulars of debit entry        &n....

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....p;                & date of TR6 Challans             (7)                                (8)                                                             &nbsp....

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....                  Sd/-                                                                                                           &nbsp....