Utilisation of Modvat credit - Clarification regarding

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....directed to say that doubts have been raised as to whether the unutilised excess credit on Copper wires, thicker than 2mm can be utilised for payment of duty on copper wires, finer than 2mm, manufactured out of copper bar/wire rods. The matter has been examined in consultation with the Comptroller and Auditor General of India. It is observed that sub-rule 3 of Rule 57F of the Central Excise Rule....