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Admissibility of Modvat credit refunds to the manufacturers not exporting the final products themselves - Central Excise - 27/91-CX.8Extract Admissibility of Modvat credit refunds to the manufacturers not exporting the final products themselves Circular No. 27/91-CX.8 Dated 15-10-1991 [From F. No. 267/77/91-CX.8] Government of India Central Board of Excise Customs New Delhi Subject : Admissibility of Modvat credit refunds to the manufacturers not exporting the final products themselves . Pending detailed examination of all issues involved, you are requested to ensure that the manufacturers do not get Modvat credit refund in cash on account of goods exported, where the manufacturers themselves, or others get Central Excise duty component by way of Drawback in respect of the same export goods, as this will amount to double unintended benefit against the same export goods. These instructions may please be brought to the notice of field formations in your jurisdiction. Receipt of this circular may please be acknowledged.
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