Circular No. 151/62/95-CX I am directed to refer to Board”s Circular No. 116/27/95-CX issued in F.No. 209/6/95-CX. 6 dated 6th April, 1995 on the above subject whereby it was clarified that the requisite certificates on AR -4/ AR-4A may be issued by the Range Superintendent in those cases where the manufacturer may have obtained the MODVAT credits as and when the inputs were received but the same was reversed before the final products have been cleared out of the factory for export under AR-4/ AR-4A.
