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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..... 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. No. 261/72/16/87-CX.8] .....

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..... bove subject and to say that be aforesaid instructions would mutatis mutandis apply to utilisation of proforma credit under Rule 56A also. Field formations may be instructed accordingly. Receipt of .....

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