9911796707
TMI BlogAmendment of rule 57AD of Central Excise Rules, 1944X X X X Extracts X X X X X X X X Extracts X X X X ..... ment) Rules, 2000, published in the Official Gazette vide notification of the Government of India in the Ministry of Finance (Department of Revenue) number G.S.R. 203(E), dated the 1st March, 2000, and subsequently substituted as rule 57AD by rule 5 of the Central Excise [Second Amendment (Amendment)] Rules, 2000, published in the Gazette of India, vide notification of the Government of India in t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n to the manufacture of the final products, which are exempted from the whole of the duty of excise leviable thereon or chargeable to nil rate of duty, within a period of six months from the date on which the Finance Bill, 2010 receives the assent of the President. (3) The Commissioner of Central Excise shall, on receipt of an application under sub-section (2), verify the correctness of the amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r all purposes, as validly and effectively taken or done as if the amendment made by sub-section (1) had been in force at all material times. (5) Notwithstanding the supersession of the Central Excise Rules, 1944, for the purposes of subsection (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 p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... our per cent. per annum. The proposed amendment will apply to cases in respect of which a dispute relating to adjustment of credit on inputs in or in relation to exempted final products relating to the period beginning on the 1st day of April, 2000 to 30th day of June, 2001(both days inclusive) is pending on the date on which the Finance Bill, 2010 receives the assent of the President. - statute ..... X X X X Extracts X X X X X X X X Extracts X X X X
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