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of <h1>Finance Bill 2010 amends Rule 6 of CENVAT Credit Rules; new sub-rule addresses credit for exempted goods.</h1> The Sixth Schedule of the Finance Bill, 2010, amends Rule 6 of the CENVAT Credit Rules, 2001. It introduces a new sub-rule (6) addressing disputes over credit adjustments for inputs used in exempted final products from July 1, 2001, to February 28, 2002. Manufacturers using CENVAT credit for inputs, excluding fuel, in the production of both dutiable and exempted goods can pay the credit amount attributable to exempted goods before or after clearance. They must also pay interest at 24% per annum from the due date, defined as the 5th day of the month following the clearance month.
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