Deemed credit to Ship-breakers, denial of - Instructions regarding

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..... e Cutsoms, New Delhi Subject : Deemed credit to Ship-breakers, denial of - Instructions regarding. It has been brought to the notice of the Board that scrap generated by breaking of a ship etc. is not being allowed deemed Modvat credit by certain field formations. The ship-brakers have also represented to the Board. The matter has been examined and the following instructions are issued .....

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