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Modvat credit on capital goods to 100% EOUs seeking premature debonding

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..... ect : MODVAT Credit on capital goods to 100% EOUs seeking premature debonding. Representations have been received from 100% EOUs seeking premature debonding and converting to Domestic Tariff Area Units regarding availment of Credit on countervailing duty paid by them at the time of debonding. 2. It has been reported that on premature debonding the concerned units pay the appropriate duties of .....

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