NTF. NO. 43/2003-CE(N.T.), DT. 12/05/2003

Amendment in the CENVAT Credit Rules, 2002

G.S.R. (E).- In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2002, namely:-

1. (1) These rules may be called the CENVAT Credit (Twelfth Amendment) Rules, 2003.

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

2. In the CENVAT Credit Rules, 2002, in rule 9A,

(i) in sub-rule (1), for the words and figures "A manufacturer, producer, first stage dealer or second stage dealer of yarn or fabrics falling under Chapter 50, 51, 52, 53, 54, 55, 58, 59 or 60 of the First Schedule to the Tariff Act ", the words and figures "A manufacturer, producer, first stage dealer or second stage dealer of goods falling under Chapters 50 to 63 of the First Schedule to the Tariff Act" shall be substituted;

(ii) in sub-rule (4), for the figures and words "12th day of May, 2003", the figures and words "26th day of May, 2003" shall be substituted.

[F.No. B3/4/2003-TRU (Pt-1)]

(V. Sivasubramanian)
Deputy Secretary to the Government of India

Footnote.- The principal rules were published in the Gazette of India vide notification No. 5/2002-Central Excise (N.T.), dated the 1st March, 2002, vide number GSR 144 (E), dated the 1st March, 2002, and were last amended vide notification No. 42/2003-Central Excise (N.T.), dated the 1st May, 2003, vide number GSR 378 (E), dated the 1st May, 2003.

(Please refer NTF. NO. 46/2003-CE(N.T.) DT. 14/05/2003 for further amendments in above Rule)

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