Modvat credit to be utilised for inputs actually used - In the case of aerated water - Clarification regarding

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....ment of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Delhi Subject : Modvat credit to be utilised for inputs actually used - In the case of aerated water - Clarification regarding. I am directed to say that doubts have been raised as to whether with the withdrawal of Modvat credit in respect of aerated water vide Notification No. 203/87-C.E. ....