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Irregular availment of Modvat credit on inputs used in exempted goods - Instructions regarding

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Full Text of the Document

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.... of Excise & Customs, New Delhi Subject : Irregular availment of Modvat credit on inputs used in exempted goods - Instructions regarding. Attention is invited to the Board's earlier Circular No. 5/87-CX-6, (F.No. 211/50/86-CX-6), dated 7-1-1987, wherein it was clarified that an assessee producing both dutiable and exempted final product may be allowed to take credit on all inputs used in the man....

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