Modvat Credit under Rule 57B of Central Excise Rules, 1944 - Clarification regarding

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..... - Clarification regarding Circular No. 47/88 Dated 12-9-1988 [From F. No. 267/34/88-CX.8] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New .....

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..... r has been examined in consultation with the Law Ministry. It has been decided that since Modvat rules do not provide for taking of notional credit at a later date if not taken by the assessee at the .....

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