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Admissibility of modvat credit on the raw materials for packing which is subsequently used for packing of the final product- dispute regarding.

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..... New Delhi Subject: Admissibility of modvat credit on the raw materials for packing which is subsequently used for packing of the final product- dispute regarding. References have been received from the field formations regarding denial of modvat credit on the raw material used in the manufacture of packing material for packing of final product. 2. It has been reported that Board's Circu .....

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..... accepted by the Board. I am directed to say that all pending disputes regarding eligibility of credit on raw material for packing material may be decided in the light of the aforesaid judgement in the case of M/s. Ashwini Vanaspati Ltd. 1994 (70) ELT (754) T. Board's circular No. 10/90-CX.8 dated 13.2.90 is hereby withdrawn. Sd/- (Mallika Arya) Under Secretary to the Government of Indi .....

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