Modvat taken on duty paid inputs whether can be used for payment of duty on similar goods manufacturing out of non-duty paid inputs

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..... - Modvat taken on duty paid inputs whether can be used for payment of duty on similar goods manufacturing out of non-duty paid inputs Circular No. 40/89-CX.8 Dated 23-8-1989 [From F. .....

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..... of even number dated 8-8-1988, on the above subject and to say that be aforesaid instructions would mutatis mutandis apply to utilisation of proforma credit under Rule 56A also. Field formations .....

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