New Delhi, the 09th February, 2012
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 (First Amendment) Rules, 2012.
(2) They shall come into force from the date of publication in the Official Gazette.
2. In the CENVAT Credit Rules, 2004, in rule 12, for the words For the words not with standing anything contained in these rules” the words “notwithstanding anything contained in these rules but subject to the proviso to clause (i) of sub rule (1) of the rule 3” shall be substituted.
(RAJ KUMAR DIGVIJAY)
Under Secretary to the Government of India
Note The principal rules vide notification No. 23/2004-Central Excise (N.T.), dated the 10th September 2004 published in the Gazette of India Extraordinary, Part II, Section 3, Sub-section (i), vide G.S.R. No. 600(E), dated the 10th September, 2004 and last amended vide notification No. 13/2011-Central Excise (N.T.), dated 31th March, 2011 vide G.S.R. 286 (E), dated the 31st March, 2011.