Central Excise - Credit of duty paid on paper and paperboard falling under sub-heading No. 4811.30 for the period 1-5-1989 to 15-8-1989 - Clarification regarding

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..... 27/90-CX.3 Dated 24-5-1990 [From F. No. 93/47/89-CX.3] Government of India Central Board of Excise & Customs New Delhi Subject : Central Excise - Credit of duty paid on paper and paperboard falling under sub-heading No. 4811.30 for the period 1-5-1989 to 15-8-1989 - Clarification regarding A doubt has been expressed as to whether the restriction of MODVAT credit in excess of Rs. 800/- per .....

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..... , a doubt has been raised as to whether it was the intention of the Government to actually restrict the credit of duty to only Rs. 800/- per tonne or the actual duty paid during the period 1-5-1989 to 15-8-1989. Tax Research Unit when consulted in this matter, has stated that there was no intention of granting credit of duty to the extent of actual duty paid in respect of such paper and paperboard .....

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