6th September, 2002
Notification No. 29/2002-Central Excise (N.T.)
In exercise of the powers conferred by rule 11 of the CENVAT Credit Rules, 2002, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India, in the erstwhile Ministry of Finance (Department of Revenue), No. 6/2002-Central Excise (N.T.), dated the 1st March, 2002, namely:-
In the said notification,-
(i) in paragraph 2, after sub-clause (b), sub-paragraph (iii) shall be omitted;
(ii) in Explanation 3, the proviso shall be omitted;
(iii) Explanation 6 shall be omitted.
Vivek Prasad
Under Secretary to the Government of India
(F.No. 354/158/2002-TRU)
Footnote:- The principal notification No. 6/2002-Central Excise (N.T.), dated the 1st March, 2002 was published in the Gazette of India, Extraordinary, vide number G.S.R. 145 (E), dated the 1st March, 2002 and was last amended by notification No. 16/2002-Central Excise (N.T.), dated the 27th April, 2002 [G.S.R. 306 (E), dated the 27th April, 2002].
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Central Excise notifications are official announcements issued by the Government of India to communicate changes, updates, or clarifications related to central excise laws and procedures.
They may include amendments to duty rates, exemptions, procedural changes, or new compliance requirements, helping manufacturers and traders stay informed and compliant.
Read MoreCentral Excise notifications are important because they tell businesses about current regulations, duty changes, and compliance obligations.
These updates help manufacturers, importers, and tax professionals adjust their processes, prepare accurate returns, and avoid penalties for non-compliance with excise laws.
Read MoreCentral Excise notifications are released as and when the Government introduces changes to tax laws, exemptions, or procedures.
These may be issued periodically or in response to budget announcements, policy reforms, or judicial interpretations that require clarification or regulatory updates.
Read MoreThe most reliable sources for the latest Central Excise notifications are official government portals such as the Central Board of Indirect Taxes and Customs (CBIC).
Seair Exim Solutions also consolidates and summarises important notifications to make it easier for businesses to track updates relevant to their operations.
Read MoreYes, Central Excise notifications can affect past tax liabilities if they include retrospective amendments, clarifications, or transitional provisions.
Such notifications may have an earlier impact. assessments, compliance positions, or legal interpretations and should be reviewed carefully to ensure proper handling of legacy accounts.
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