GST India Solution

01/2012-CE (N.T.), Dated:09/02/2012

Amends Rule 12 of CCR, 2004

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

New Delhi, the 09^th February, 2012

Notification No. 01/2012-Central Excise (N.T.)

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 notwithstanding 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.

[F.No.354/320/2011-TRU]

(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 31^th March, 2011 vide G.S.R. 286 (E), dated the 31^st March, 2011.

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Who We Are

GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

Why

Goods & Service Tax

Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.

The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .