Amendments in CENVAT Credit Rules, 2002

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..... y makes the following rules to amend the CENVAT Credit Rules, 2002, namely:- 1. (1) These rules may be called the CENVAT Credit (Sixteenth Amendment) Rules, 2003. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the CENVAT Credit Rules, 2002,- (a) in rule 3 , in sub-rule (3), for the third proviso, the following proviso shall be substituted, namely .....

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..... ted the 14th November, 2002, No.57/2002-Central Excise, dated 14th November, 2002 and No.56/2003-Central Excise, dated the 25th June, 2003, is availed. (b) for rule 10, the following rule shall be substituted, namely:- RULE 10. Special dispensation in respect of inputs manufactured in factories located in specified areas of North East region, Kutch district of Gujarat, State of Jammu and Kashmir .....

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..... 2 [ GSR 765(E), dated the 14th November, 2002] or notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 56/2003-Central Excise, dated 25th June, 2003 [G.S.R. 513 (E), dated the 25th June, 2003], the CENVAT credit on such inputs or capital goods shall be admissible as if no portion of the duty paid on such inputs or capital goods was exempted under any of th .....

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