When we are using the DEPB licence for duty adjustment 100 %, there is no cash

When we are using the DEPB licence for duty adjustment 100
%, there is no cash payment to customs. If i am a trader
and registered with excise, Can we avail the modvat credit
and pass on to customers?. And i am a actual user of DEPB
licence, ca we avail the modvat credit?

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