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Modvat Procedure - Clarification regarding

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..... that doubts have been raised as to (i) whether Modvat credit taken on parts meant to be used in Black & White T.V.s could be utilised towards payment of duty on colour T.V.s. and (ii) how the additional duty of customs (CVD) paid on the parts covered by customs heading No. 98.06 can be utilised towards payment of duty on final products in the absence of a corresponding heading under CE Tariff Act .....

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