Modvat is

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Question:
Modvat is

1.Maintenance of Internal Security Act

2.a term used in excise which is a new scheme of indirect taxes

3.scheme which allows a manufacturer to claim instant reimbursement of the excise duty paid on the raw materials used for the production of the final good

4.scheme which allows a manufacturer to claim instant reimbursement of the excise duty paid on the raw materials used for the production of the final good

Posted Date:-2021-03-06 09:20:04

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