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Modvat credit - Inputs obtained from breaking-up of ships - 18/95 - Central Excise - Non TariffExtract Modvat credit - Inputs obtained from breaking-up of ships Notification No. 18/95-C.E. (N.T.) Dated 18-5-1995 In exercise of the powers conferred by rule 57A of the Central Excise Rules, 1944, the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 5/94-Central Excises (N.T.) dated the 1st March, 1994, namely :- In the said notification, in fourth proviso, clause (2) beginning with the words, letters and figures "the credit of specified duty paid in respect of inputs, namely, the goods falling under heading Nos. 72.30 and 73.27" and ending with the letters, words and figures "Rs. 920 per tonne or the actual duty paid, whichever is less;" shall be deleted.
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