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Modvat credit for inputs permitted to be cleared under Rule 57F

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..... 1986) specified in the corresponding entry in Column (3) of the said Table, in respect of which the credit of - (i) the duty of excise under the Central Excises and Salt Act, 1944 (1 of 1944); (ii) the additional duty of excise under section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978); (iii) the additional duty of excise under section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957); and (iv) the additional duty under section 3 of the Customs Tariff Act, 1975 (51 of 1975) equivalent to :- (a) the duty of excise specified under (i) above; (b) the duty of excise specified under (ii) above; and (c) the duty of excise specified under (iii) ab .....

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..... f Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), on the final products or, as the case may be, on the inputs, if such inputs have been permitted to be cleared under rule 57F of the said Rules : Provided also that the credit of specified duty in so far as it relates to the additional duty of excise specified under (iii) above or the additional duty specified under (iv) (c) above, allowed in respect of inputs shall be utilised only towards payment of duty of excise leviable under the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), on the final products or, as the case may be, on the inputs, if such inputs have been permitted to be cleared under rule 57F of the said Rules. TABLE .....

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..... 5702.20, 63.01 5302.20, 53.06, 5607.19, 5702.20, 63.01 11. Synthetic filament yarn, whether or not textured. 54.02, 54.03 54.02, 54.03 12. Artificial filament yarn, whether or not textured 54.04, 54.05 54.04, 54.05 13. Man-made fabrics 54.09, 54.10, 54.11, 54.12, 55.08, 55.09, 55.10, 55.11, 55.12, 5802.14, 5805.14, 5903.21, 5903.29, 5905.20, 5906.12 54.09, 54.10, 54.11, 54.12, 55.08, 55.09, 55.10, 55.11, 55.12, 5802.14, 5805.14, 5903.21, 5903.29, 5905.20, 5906.12 14. Synthetic staple fibres and tow, including tops thereof 55.01 55.01 15. Artificial staple fibres and tow, including tops thereof 55.02 55.02 16. .....

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