Clarification regarding option and withdrawal of Modvat scheme - Regarding

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..... option and withdrawal of Modvat scheme - Regarding. The undersigned is directed to invite a reference to Ministry's letter of even number, dated the 20th June, 1986, where it had been clarified that it will not be possible to permit a manufacturer availing of the small-scale exemption to opt out of Modvat scheme once he has exercised the option of paying duty (and to avail of Modvat) in any fi .....

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