Central Excise (3rd Amendment) Rules, 1992 - Modvat rules

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..... l Government hereby makes the following rules further to amend the Central Excise Rules, 1944, namely :- 1. (1) These rules may be called the Central Excises (Third Amendment) Rules, 1992. (2) These rules shall come into force on the date of their publication in the Official Gazette. 2. In the Central Excise Rules, 1944 (hereinafter referred to as the said rules), - (i) in rule 57C, for the w .....

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..... to prior permission of Collector of Central Excise from the factory for home consumption on payment of duty of excise equivalent to the credit availed on such inputs."; (b) after the second proviso to sub-rule (3), the following proviso shall be inserted, namely :- "Provided also that the credit of specified duty in respect of inputs used in the final products cleared either to a unit in a Free .....

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