13th May, 2005

Notification No.22/2005-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 (Sixth Amendment) Rules, 2005.

                (2) They shall come into force on the date of their publication in the Official Gazette.

2.             In the CENVAT Credit Rules, 2004 (herein after referred to as the said rules), in rule 3 of the said rules,-

    (a) in sub-rule (1),-

(i)	in clause (viia), the portion beginning with the words and figures “as substituted by clause 72” and ending with the words “the force of law”, shall be omitted;
(ii)	in clause (xi), for the portion beginning with the word and figures “clause 85” and ending with the words “the force of law”, the words, figures and brackets “section 85 of Finance Act, 2005  (18 of    2005 )” shall be substituted;
(b)	in sub-rule (4),-
(i)	in the third proviso, the portion beginning with the words and figures “as substituted by clause 72” and ending with the words “the force of law,”, shall be omitted;
(ii)	in the fourth proviso, for the portion beginning with the word and figures “clause 85” and ending with the words “the force of law”, the words, figures and brackets “section 85 of Finance Act, 2005 (18 of 2005 )” shall be substituted;
(C)	in sub-rule (7), in clause (b), for the portion beginning with the word and figures “clause 85” and ending with the words “the force of law”, occurring at both the places, the words, figures and brackets “section 85 of Finance Act, 2005    (18 of 2005 )” shall be substituted;

3.  In rule 4 of the said rules, in sub-rule (2), in clause (a), in second proviso, the portion beginning with the words and figure “as amended by clause 72” and ending with the words “the force of law,”, shall be omitted;

4.  In rule 5 of the said rules, in second proviso, the portion beginning with the words and figures “as amended by clause 72” and ending with the words “the force of law,”, shall be omitted;

 [F.No. 334/1 /2005-TRU]

V.Sivasubramanian

Deputy Secretary to the Government of India

Note: The principal rules were notified vide notification No. 23/2004-Central Excise (N.T.), dated the 10^th September, 2004, and published in the Gazette of India Extraordinary vide number G.S.R.600 (E), the 10^thSeptember, 2004 and last amended vide notification No. 20/2005-Central Excise (N.T.), dated the 2^nd May, 2005 and published vide number G.S.R.261(E), dated the 2^nd May, 2005.