NOTIFICATION  No.32/2007 – Central Excise (N.T.)

New Delhi, the August 3 , 2007

12, Sravana 1929 Saka.

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 ( Seventh Amendment) Rules, 2007.

(2)  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 12, after the letters, figures, brackets and words, “[G.S.R..717(E), dated the 9th September, 2003,]” the words, figures, letters and brackets, “or No.20/2007-Central Excise, dated the 25th  April, 2007 [ GSR 307 (E), dated the 25th  April, 2007]” shall be inserted;

(ii)  in rule 12A,-

(a)    in sub-rule (1), in the third proviso, after item (vii), the following item shall be inserted, namely:-

(viii) No.20/2007-Central Excise, dated the 25th  April, 2007 [ GSR 307  (E), dated the 25th  April, 2007]” ;

(b)   in sub-rule (4), in the second proviso, after item (vii), the following item shall be inserted namely:-

“(viii) No.20/2007-Central Excise, dated the 25th  April, 2007 [ GSR 307  (E), dated the 25th  April, 2007]”.

[F.No.267/45/2007-CX.8]

(Rahul Nangare)

UnderSecretary to Government of India

Note: The principal rules were published in the Gazette of India, Extraordinary vide notification No. 23/2004-Central Excise (N.T.), dated the 10th September, 2004, vide G.S.R. 600 (E), dated the 10th September 2004, and were last amended vide notification No.27/2007-Central Excise (N.T.), dated the 12th May 2007, vide G.S.R.348 (E), dated the 12th May , 2007.

More Under Excise Duty

Posted Under

Category : Excise Duty (4154)

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured Posts