Admissibility of Modvat credit on oxygen and acetylene gas used in oxy-acetylene flame/torch - Clarification regarding

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..... inistry of Finance (Department of Revenue) New Delhi Subject : Admissibility of Modvat credit on oxygen and acetylene gas used in oxy-acetylene flame/torch - Clarification regarding. I am directed to say that doubts have been raised as to whether Modvat credit would be admissible on oxygen and acetylene used for removing runners and risers on the castings and for welding purposes. 2. .....

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