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Option to avail Modvat Credit on exemption - Notification regarding

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....n exemption - Notification regarding Circular No. 26/90-CX.8 Dated 17-4-1990 [From F.No. 267/16/88-CX.8] Government of India Ministry of Finance (Department of Revenue) Central Board....

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....uctions and its misuse by the assessees. The matter has been re-examined in consultation with the Law Ministry. It has since been confirmed that Board's instructions are correct and require no revi....