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Modvat Credit - Clarification regarding

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....3 Dated 15-2-1988 [From F.No. 267/16/88-CX.8] Government of India Ministry of Finance (Department of Revenue) New Delhi Subject : Modvat Credit - Clarification regarding. It has b....

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....ion available or to pay the duty leviable on the goods manufactured by him. Therefore, if the assesse chooses to pay the duty in spite of the goods being fully exempted, Modvat credit cannot be denied....

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