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  1. Modvat is

  2. A.
    modified value added
    B.
    a term used in excise which is a new scheme of indirect taxes
    C.
    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
    D.
    All of the above

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    Answer : Option D

    Explanation :

    No answer description available for this question.


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