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of <h1>Proposed Amendment to Rule 6 of Cenvat Credit Rules: Include Non-Excisable Goods for Credit Reversal Evaluation.</h1> The circular addresses the amendment of Rule 6 of the Cenvat Credit Rules (CCR), 2004, focusing on the reversal of credit used in manufacturing non-excisable goods. It highlights the distinction between excisable and non-excisable goods, noting that Rule 6 applies to excisable goods, both exempted and non-exempted, but not to non-excisable goods. The document suggests amending the definition of exempted goods to include non-excisable goods, thereby applying Rule 6 for credit reversal. Feedback is requested on the feasibility of this amendment, potential implementation issues, and data on show cause notices and credit demands related to non-excisable goods.
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