Iron and steel - Goods notified for purposes of credit of duty under Modvat

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..... 44, the Central Government hereby declares the following inputs and the final products falling within the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) namely :- No. Inputs Final products (1) (2) (3) 1 Hot re-rolled products of non-alloy steel falling under sub-headings Nos. 7211.11, 7211.19, 7211.30, 7211.52, 7211.59, 7211.60, 7211.92, 7211.99, 7213.90, 7214.90, 7215.90, 721 .....

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..... uty allowed in respect of the said inputs shall be utilised only towards payment of duty of excise leviable under the said Central Excise Act on the said final products : Provided that the credit of deemed duty in respect of inputs cleared for export under bond shall be allowed to be utilised towards payment of duty of excise on any final products cleared for home consumption or for export on pay .....

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..... the provisions of section 3A of the said Act. 5. The provisions of this notification shall not apply to inputs where the manufacturer of the said inputs has not declared the invoice price of the said inputs correctly in the documents issued at the time of their clearance from his factory. 6. This notification shall come into effect on and from the 1st day of September, 1997. Explanation. - For .....

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