Free Demo

Central Excise

Notification No. 35/2008, Dated 24th Sept, 2008

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

 

Notification No. 35/ 2008-Central Excise (N.T.)

 

New Delhi the  24th  September, 2008

 

 

           G.S.R.    (E).-  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 (Amendment )Rules, 2008.

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

 

2.          In the CENVAT Credit Rules, 2004, in rule 3, in sub-rule (1), after clause (xi), the following proviso shall be inserted, namely :-

 

    “ Provided that the CENVAT credit shall be allowed to be taken of the amount equal to central excise duty paid on the capital goods at the time of debonding of the unit in terms of the para 8 of notification No. 22/2003-Central Excise, published in the Gazette of India, part II, Section 3,sub-section(i),vide number G.S.R. 265(E), dated, the 31st March,2003.”

 

 

[F.No. 267/48/2008-CX.8]

(Rahul Nangare)

Under Secretary to the Government of India

 

 

Note.- The principal rules were published in the Gazette of India, Part II, Section 3, sub-section (i), Extraordinary, vide notification No. 23/2004-Central Excise (N.T.),dated the 10th September,2004,vide number, G.S.R. 600 (E), dated the 10th September 2004, and was last amended by notification No. 39/2007-Central Excise(N.T) dated the 13th November 2007, vide number ,G.S.R. 709(E), dated the 13th  November, 2007.

High-volume of Loyal and Trusted Customers!

We feel proud in offering export-import data information services to our respected clients.

Obtain a free import-export sample report on desired products.

We do not provide any assistance directly in selling or Buying any product.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Top