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TMI BlogCentral Excise Rules - 8th Amendment of 1997X X X X Extracts X X X X X X X X Extracts X X X X ..... ll be inserted, namely :- "(6) Notwithstanding anything contained in sub-rule (1), the Central Government may, by notification in the Official Gazette, declare the inputs on which the duty of excise paid under section 3A of the Central Excise Act, 1944 (1 of 1944), shall be deemed to have been paid at such rate or equivalent to such amount as may be specified in the said notification, and allow the credit of such duty in respect of the said inputs at such rate or such amount and subject to such conditions as may be specified in the said notification : Provided that the manufacturer shall take all reasonable steps to ensure that the inputs acquired by him are goods on which the appropriate duty of excise as indicated in the documents acc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ere is any change in the total capacity, the manufacturer shall pay the amount, calculated pro rata : Provided also that where a manufacturer, fails to pay the whole of the amount payable for the month of September, 1997 by the 30th day of September, 1997 or for any other month by the 15th day or last day of each month, as the case may be, he shall be liable to pay the outstanding amount along with interest thereon at the rate of eighteen per cent. per annum, calculated for the period from the 1st day of October, 1997 or the 15th day of each month or the 1st day of the next month, as the case may be, till the date the actual payment of the whole of the outstanding amount. Explanation. - For removal of doubts it is hereby clarified tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which the nominal centre distance of the pinions in the pinion stand is upto 160 millimetres, the sum payable under this sub-rule shall be calculated as if for the letters and figures "Rs. 300/-", the letters and figures "Rs. 150/-" were substituted : Provided further that for the month of September, 1997, the manufacturer may pay the amount due for the said month by the 30th of September, 1997 : Provided also that if a manufacturer makes a change in the capacity for re-rolling installed in his factory, or there is any change in the total re-rolling capacity installed, he shall pay the amount, calculated pro rata : Provided also that where a manufacturer fails to pay the whole of the amount payable for the month of September, 1997 by ..... X X X X Extracts X X X X X X X X Extracts X X X X
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