Modvat Credit - Clarification regarding

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..... [From F.No. 267/16/88-CX.8] Government of India Ministry of Finance (Department of Revenue) New Delhi Subject : Modvat Credit - Clarification regarding. It has been brought to th .....

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..... o pay the duty leviable on the goods manufactured by him. Therefore, if the assesse chooses to pay the duty in spite of the goods being fully exempted, Modvat credit cannot be denied on such duty paid .....

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