Amends Cenvat Credit Rules, 2004 – Notification No. 9/2011-Central Excise (N.T.)

Notification No. 9/2011-Central Excise (N.T.)

New Delhi, dated the 24th March, 2011

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.       (a) These rules may be called the CENVAT Credit (Second Amendment) Rules, 2011.

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

2.      In the CENVAT Credit Rules, 2004,

(i).      in rule 2, in clause (naa), in sub-clause (i), for the words and figures “jewellery falling under heading 7113” the words and figures “jewellery or other articles of precious metals falling under heading 7113 or 7114 as the case may be” shall be substituted;

(ii).     in rule 4, in sub-rule (1), in the first proviso for the words and figures “jewellery falling under heading 7113” the words and figures “jewellery or other articles of precious metals falling under heading 7113 or 7114as the case may be” shall be substituted.

[F. No. B-1/3/2011 –TRU]

(Sanjeev Kumar Singh)

Under Secretary to the Government of India

Note: The principal rules were published in the Gazette of India vide notification No. 23/2004- Central Excise (N.T.), dated the 10th September 2004, vide GSR 600(E), dated the 10th September, 2004, and were last amended by notification No. 3/2011-Central Excise (N.T.), dated the 1st March, 2011, vide G.S.R. 134 (E) dated the 1st March, 2011.

Related posts:

1. Central Excise Notification No 25/2010 CE (NT), Amends the CENVAT Credit Rules, 2004
2. Central Excise Notification No 27/2010 CE(NT), Amends the CENVAT Credit Rules, 2004
3. Central Excise Notification No 26/2010 CE(NT), Amends the CENVAT Credit Rules, 2004
4. Amends Central Excise Rules, 2002 – Units paying 1 Percent duty under notification no. 1/2001, to file quarterly returns – Rule 12AA to include jewellery of heading 7114
5. Amends notification no. 2/2011 – Effective Rate of duty as 5 Percent with cenvat credit on certain items – Notification No. 22/2011-Central Excise-CE