Goods notified for purposes of credit of duty under MODVAT

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....(1 of 1944); (ii) the additional duty of excise under section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978); and (iii) the additional duty under section 3 of the Customs Tariff Act, 1975 (51 of 1975), equivalent to, - (a) the duty of excise specified under (i) above; and (b) the duty of excise specified under (ii) above, (hereinafter referred to as "specified duty") paid on inputs, described in the corresponding entry in column (2) of the said Table, shall be allowed as credit when used in or in relation to the manufacture of the said final products and the credit of duty so allowed shall be utilised for payment of duty leviable on the said final products, or as the case may be, on such inp....

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....s have been permitted to be cleared under rule 57F of the said Rules : Provided further that, - (1) the credit of specified duty paid in respect of inputs, namely, vegetable products falling under sub-heading No. 1504.00 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and used in the manufacture of final products in any place in India shall be restricted to the extent of Rs. 500 per tonne or the actual duty paid, whichever is less; (2) the credit of specified duty paid in respect of inputs, namely, the goods falling under heading Nos. 72.30 and 73.27 and obtained from breaking-up of ships, boats and other floating structures as are manufactured in India and used in the manufacture of final products in any place in Indi....