3rd March, 2005
Notification No.16/2005-Central Excise (N.T.)
In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2004, namely:-
1. (1) These rules may be called the CENVAT Credit (Third Amendment) Rules, 2005.
(2) They shall come into force on the 15th day of March, 2005.
2. In the CENVAT Credit Rules, 2004, in rule 5, for the Explanation, the following Explanation shall be substituted, namely:-
‘Explanation.- For the purposes of this rule, the words “output service which is exported” means the output taxable services exported in accordance with the Export of Services Rules, 2005.’.
F. No. B2/4/2004-TRU
Deputy Secretary to the Government of India
Note: The principal rules were notified vide notification No. 23/2004-Central Excise (N.T.), dated the 10th September, 2004, and published in the Gazette of India Extraordinary vide number G.S.R.600 (E), the 10thSeptember, 2004 and last amended vide notification No. 13/2005-Central Excise (N.T.), dated the 1st March, 2005 and published vide number G.S.R. 136 (E), dated the 1st March, 2005.
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