9911796707
TMI BlogAmendments in the CENVAT Credit Rules, 2002X X X X Extracts X X X X X X X X Extracts X X X X ..... , the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2002, namely:- 1. (1) These rules may be called the CENVAT Credit (Amendment) Rules, 2004. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the CENVAT Credit Rules, 2002 (hereinafter referred to as the said rules), in rule 2, for clause (e), the foll ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onal duty leviable under section 3 of the Customs Tariff Act, equivalent to the duty of excise specified under clauses (i), (ii), (iii), (iv), (v) and (vi) above; and (viii) the additional duty of excise leviable under section 157 of the Finance Act, 2003 (32 of 2003)."; (b) in sub-rule (6), in clause (b), for the portion beginning with the words "CENVAT credit in respect of" and ending with t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... additional duty leviable under section 3 of the Customs Tariff Act, equivalent to the duty of excise specified under clauses (i), (ii) and (iii) above; and (v) the additional duty of excise leviable under section 157 of the Finance Act, 2003 (32 of 2003), shall be utilized only towards payment of duty of excise leviable under the said Additional Duties of Excise (Textiles and Textile Articles) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .No. 334/3/2004- TRU] Note : The principal rules were notified vide notification No. 5/2002-Central Excise (N.T.), dated the 1st March, 2002, and published in the Gazette of India vide number G.S.R. 144 (E), the 1st March, 2002 and were, last amended vide notification No.70/2003-Central Excise (N.T.), dated the 15th September, 2003 and published vide number G.S.R. 743 (E), dated the 15th Se ..... X X X X Extracts X X X X X X X X Extracts X X X X
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