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of <h1>Finance Bill 2010 amends rule 6 of CENVAT Credit Rules 2004, mandates payment with 24% interest retrospectively.</h1> Clause 72 of the Finance Bill, 2010 amends rule 6 of the CENVAT Credit Rules, 2004, with retrospective effect, as specified in the Eighth Schedule. It requires manufacturers to pay an amount equivalent to the CENVAT credit for inputs used in exempted goods, along with 24% annual interest. Manufacturers must apply to the Commissioner of Central Excise with supporting documents and a certified accountant's certificate within six months of the Bill's enactment. The Commissioner will verify payments within two months. The amendment validates actions taken between September 10, 2004, and March 31, 2008, as if the amendment had been in force.
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