Modvat credit of duty paid on yarn and fibres on a deemed basis — Amendment to Notification No. 29/96-C.E. (N.T.)

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....T.) Dated 13-1-1999 In exercise of the powers conferred by sub-rule (2) of rule 57A of the Central Excise Rules, 1944, the Central Government, being satisfied that it is necessary in the public interest so to do hereby makes the following further amendment in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 29/96-Central Excise (N.T.) dated the ....

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.... Notwithstanding anything contained in paragraph 7B, the provisions of this notification shall apply in respect of, - (a) final products falling under heading Nos. 52.07, 52.08, 52.09, 54.06, 54.07, 55.11, 55.12, 55.13 or 55.14 of the Schedule to Central Excise Tariff Act, 1985 (5 of 1986) manufactured or produced by an independent processor prior to the 16th day of December, 1998 and cleared o....