CENVAT
Credit (Third Amendment) Rules, 2013
Notification No. 18/2013-Central
Excise (N.T.)
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
(Third Amendment) Rules, 2013.
2.
B. They shall come into force with effect from
the 1st day of March, 2014.
2. In the CENVAT Credit Rules,
2004,-
(a) in rule 2, in clause (ij),-
(i) the words “a
dealer, who purchases the goods directly from” shall be omitted;
(ii) in sub-clause (i), for the words,
“the manufacturer under the cover of an invoice” the words “a dealer,
who purchases the goods directly from the manufacturer under the cover of an
invoice” shall be substituted;
(iii) for sub-clause (ii), the following
sub-clause shall be substituted, namely:-
“ (ii) an importer who sells
goods imported by him under the cover of an invoice on which CENVAT
credit may be taken and such invoice shall include an invoice issued from his
depot or the premises of his consignment agent”;
(b) in rule 9, in sub-rule (1), in clause
(a), sub-clauses (ii) and (iii) shall be omitted.
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