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Credit of duty on goods brought to the factory

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..... ee shall state the particulars of such receipt in his records and shall be entitled to take CENVAT credit of the duty paid as if such goods are received as inputs under the CENVAT Credit Rules, 2002 and utilise this credit according to the said rules. (2) If the process to which the goods are subjected before being removed does not amount to manufacture, the manufacturer shall pay an .....

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..... ssioner or Commissioner, as the case may be]. Retrospective Amendment by Section 39 of Taxation Laws (Amendment) Act, 2006 (29 of 2006) Amendment of rule 16 of the Central Excise Rules, 2002. 39. (1) IN the Central Excise Rules, 2002, made by the Central Government in exercise of the powers conferred by section 37 of the Central Excise At, rule 16 thereof as published in the Offic .....

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..... have been, for all the purpose, as validly and effectively taken or done as if the amendment made by sub-section (1) had been in force at all material times. (3) For the purpose of sub-section (1), the Central Government shall have and shall be deemed to have the power to make rules with retrospective effect as If the Central Government had the power to make rules under section 37 of the Centra .....

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..... hall be inserted, namely: - 29th day of May, 2003 to 8th day of July, 2004 (both days inclusive) 'Provided that for the purposes of this rule, assessee shall include wire drawing unit, which has cleared the goods on payment of an amount equal to the duty at the rate applicable to drawn wire on the date of removal and on the value determi .....

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