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Modvat Credit under Rule 57B of Central Excise Rules, 1944 - Clarification regarding

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.... Rule 57B of Central Excise Rules, 1944 - Clarification regarding Circular No. 47/88 Dated 12-9-1988 [From F. No. 267/34/88-CX.8] Government of India Ministry of Finance (Department of ....

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....ken at a later stage under the Modvat rules. The matter has been examined in consultation with the Law Ministry. It has been decided that since Modvat rules do not provide for taking of notional cr....

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